-release data. Forecast revisions and forecast errors are analyzed, and the results show that the forecasts are not systematically … final forecast revision in the current quarter is generally downward biased for almost all countries. Overall, the … differences in mean forecast errors are minor when using real-time data or pseudo-real-time data and these differences do not …

Rational respondents to economic surveys may report as a point forecast any measure of the central tendency of their … tests of forecast rationality when the measure of central tendency used by the respondent is unknown. We overcome an …