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A Post-Mortem and Update of the Economic News and Personal Finances Forecasting Model

✍ Scribed by Thomas M. Holbrook

Book ID
125169670
Publisher
Cambridge University Press
Year
2005
Tongue
English
Weight
313 KB
Volume
38
Category
Article
ISSN
1049-0965

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## Abstract The purpose of the paper is to analyse the accuracy and usefulness of household subjective forecasts of personal finance. We use non‐parametric directional analysis to assess the subjective forecasts which are based on qualitative judgments. Using the British Household Panel Survey (BHP