Conservatism and consensus-seeking among
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Roy Batchelor; Pami Dua
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Article
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1992
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John Wiley and Sons
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English
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## Abstract This paper uses the track records of a panel of US economic forecasters participating in a consensus forecasting service to test for conservatism and consensusβseeking behaviour. The tests are based on a particular methodβofβmoments estimator, designed to allow for the heteroscedasticit