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Do professional forecasters pay attention to data releases?
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Clements, Michael P. (2012) Do professional forecasters pay attention to data releases? International Journal of Forecasting, Vol.28 (No.2). pp. 297-308. doi:10.1016/j.ijforecast.2011.09.001 ISSN 0169-2070.
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Official URL: http://dx.doi.org/10.1016/j.ijforecast.2011.09.001
Abstract
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 | ||||
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Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HC Economic History and Conditions |
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Divisions: | Faculty of Social Sciences > Economics | ||||
Journal or Publication Title: | International Journal of Forecasting | ||||
Publisher: | Elsevier | ||||
ISSN: | 0169-2070 | ||||
Official Date: | April 2012 | ||||
Dates: |
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Volume: | Vol.28 | ||||
Number: | No.2 | ||||
Number of Pages: | 12 | ||||
Page Range: | pp. 297-308 | ||||
DOI: | 10.1016/j.ijforecast.2011.09.001 | ||||
Status: | Peer Reviewed | ||||
Publication Status: | Published | ||||
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/). | ||||
Related URLs: |
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