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An evaluation of federal reserve forecasting

✍ Scribed by Dennis W. Jansen; Ruby Pandey Kishan

Book ID
114130454
Publisher
Elsevier Science
Year
1996
Tongue
English
Weight
947 KB
Volume
18
Category
Article
ISSN
0164-0704

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## Abstract The Federal Reserve Greenbook forecasts of real GDP, inflation and unemployment are analysed for the period 1974–1997. We consider whether these forecasts exhibit systematic bias, and whether efficient use is made of information, that is, whether revisions to these forecasts over time a