. However, this result appears to be biased due to peso problems. -- Oil price ; survey data ; forecast bias ; peso problem …We use oil price forecasts from the Consensus Economic Forecast poll to analyze how forecasters form their expectations … role. Standard measures of forecast accuracy reveal forecasters' underperformance relative to the random walk benchmark …

forecasts, this bias tending to be higher in countries with less investor protection. This forecast bias declined significantly …

earnings forecast optimism and positively associated with their forecast accuracy. Using multiple proxies for economic … incentives and cognitive biases, we find that individualism affects analyst forecast optimism and accuracy through the economic …

We investigate the association between corporate international diversification and the accuracy and bias of consensus …