document that all of them signi ficantly aff ect both the absolute forecast error on EPS and its standard deviation controlling … for forecast horizon, number of analysts and forecasts, and for year, industry, broker house eff ects. Consistently with …

Financial crises pose unique challenges for forecast accuracy. Using the IMF's Monitoring of Fund Arrangement (MONA … informational value as they consistently outperform naive forecast approaches. However, we also document that there is room for … improvement: two thirds of the key macroeconomic variables that we examine are forecast inefficiently and 6 variables (growth of …

, higher forecast accuracy, and lower forecast dispersion. Moreover, the effect of product market power on analyst following … and forecast properties is more pronounced in countries with less effective competition laws and higher entry costs. These …

asked to forecast future values of inflation for a fictitious economy after receiving charts and lists of past values of … participants barely report rational forecasts. Instead, simple backward-looking rules describe stated forecast series. Forecasting … Vorhersage bezahlt werden. Nach jeder Prognose erhalten sie ein Feedback. Während der Vorhersageperioden erfahren die Probanden …

policy. The article focuses on inflation forecast targeting (IFT) at the Czech National Bank (CNB) in terms of its efficiency … IFT implementation. Finally the existence of the interdependences of inflation forecast, optimal policy paths and … inflation expectations are analyzed. Credibility of the central bank, accuracy of the forecast and decision-making procedures …