๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Forecasts and expectations: Some evidence for the U.K.

โœ Scribed by K. Holden; D. A. Peel

Publisher
John Wiley and Sons
Year
1983
Tongue
English
Weight
507 KB
Volume
2
Category
Article
ISSN
0277-6693

No coin nor oath required. For personal study only.

โœฆ Synopsis

Forecasts from econometric models have been given a lot of publicity in the U.K. This paper examines the performance of five major models in forecasting inflation and the rate of growth. Two types of forecast are considered: the annual pre-budget ones and a quarterly series. It is suggested that public forecasts provide a cheap method of implementing economically rational expectations.

๐Ÿ“œ SIMILAR VOLUMES

Interest rate futures: Evidence on forec
Interest rate futures: Evidence on forecast power, expected premiums, and the unbiased expectations hypothesis
โœ Tim Krehbiel; Lee C. Adkins ๐Ÿ“‚ Article ๐Ÿ“… 1994 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 678 KB

Due to the convergence of the futures contract price to the spot price at delivery, it has been hypothesized that a component of the futures price is the expectation of the spot price on the delivery date. The extent to which a futures contract price reflects unbiased expectations of the spot price

Forecasting contemporaneous aggregates a
Forecasting contemporaneous aggregates and the combination of forecasts: The case of the U.K. monetary aggregates
โœ Terence C. Mills; Michael J. Stephenson ๐Ÿ“‚ Article ๐Ÿ“… 1985 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 551 KB

A number of papers in recent years have investigated the problems of forecasting contemporaneously aggregated time series and of combining alternative forecasts of a time series. This paper considers the integration of both approaches within the example of assessing the forecasting performance of mo