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Accuracy and rationality of Japanese institutional forecasters

✍ Scribed by Masahiro Ashiya


Book ID
114293719
Publisher
Elsevier Science
Year
2002
Tongue
English
Weight
111 KB
Volume
14
Category
Article
ISSN
0922-1425

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## Abstract This paper investigates whether some forecasters consistently outperform others using Japanese CPI forecast data of 42 forecasters over the past 18 quarters. It finds that the accuracy rankings of 0, 1, 2, and 5‐month forecasts are significantly different from those that might be expect