Do professional forecasters pay attention to data releases?
Clements, Michael P.. (2012) Do professional forecasters pay attention to data releases? International Journal of Forecasting, Vol.28 (No.2). pp. 297-308. ISSN 0169-2070Full text not available from this repository.
Official URL: http://dx.doi.org/10.1016/j.ijforecast.2011.09.001
We present a novel approach to assessing the attentiveness of professional forecasters to news about the macroeconomy. We find evidence that professional forecasters, taken as a group, do not always update their estimates of the current state of the economy to reflect the latest releases of revised estimates of key data.
|Item Type:||Journal Article|
|Subjects:||H Social Sciences > HB Economic Theory
H Social Sciences > HC Economic History and Conditions
|Divisions:||Faculty of Social Sciences > Economics|
|Journal or Publication Title:||International Journal of Forecasting|
|Official Date:||April 2012|
|Number of Pages:||12|
|Page Range:||pp. 297-308|
|Access rights to Published version:||Restricted or Subscription Access|
|Version or Related Resource:||A working paper version is available in WRAP (http://wrap.warwick.ac.uk/41101/).|
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