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The Accuracy and Rationality of US and Australian Household Inflation Forecasts: A Comparative Study of the Michigan and Melbourne Institute Surveys

✍ Scribed by LLOYD B. THOMAS; ALAN P. GRANT


Book ID
111208560
Publisher
John Wiley and Sons
Year
2008
Tongue
English
Weight
286 KB
Volume
84
Category
Article
ISSN
0013-0249

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Are household subjective forecasts of pe
✍ Joshy Easaw; Saeed Heravi πŸ“‚ Article πŸ“… 2009 πŸ› John Wiley and Sons 🌐 English βš– 130 KB

## 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