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This paper develops and compares two theories of strategic behavior of professional forecasters. The first theory …-take-all contest, forecasts are excessively differentiated. According to the alternative reputational cheap talk theory, forecasters …
Persistent link: https://www.econbiz.de/10014184487
This paper develops and compares two theories of strategic behaviour of professional forecasters. The first theory …-take-all contest, forecasts are excessively differentiated. According to the alternative reputational cheap talk theory, forecasters …
Persistent link: https://www.econbiz.de/10014122864
. It builds on the idea that the import demand of the domestic country should be reflected in the expected export …
Persistent link: https://www.econbiz.de/10012914684
In this study, we evaluate whether survey-based indicators produce lower forecast errors for export growth than … differences are mainly explained by country-specific export compositions. A larger share in raw material or oil exports worsens … machinery goods. For hard indicators, we find only weak evidence for the export composition to explain differences in forecast …
Persistent link: https://www.econbiz.de/10010498606
We evaluate whether survey-based indicators produce lower forecast errors for export growth than indicators obtained … with country-specific export compositions. A larger share in raw material or oil exports worsens the accuracy of soft … indicators, we find only weak evidence for the export composition to explain differences in forecast accuracy. …
Persistent link: https://www.econbiz.de/10011479957
branches to forecasting export growth across a multitude of European countries. Our pseudo out-of-sample analyses reveal that … indicators are superior: the Export Climate, the Production Expectations of domestic manufacturing firms, the Industrial … forecasters in order to choose the best-performing indicators and thus increasing the accuracy of export forecasts …
Persistent link: https://www.econbiz.de/10012861426
branches to forecasting export growth across a multitude of European countries. Our pseudo out-of-sample analyses reveal that … indicators are superior: the Export Climate, the Production Expectations of domestic manufacturing firms, the Industrial … forecasters in order to choose the best-performing indicators and thus increasing the accuracy of export forecasts. …
Persistent link: https://www.econbiz.de/10012104016
Persistent link: https://www.econbiz.de/10012306088
Persistent link: https://www.econbiz.de/10012017776
Persistent link: https://www.econbiz.de/10008647129