Are household subjective forecasts of pe
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Joshy Easaw; Saeed Heravi
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Article
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2009
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John Wiley and Sons
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English
β 130 KB
## Abstract The purpose of the paper is to analyse the accuracy and usefulness of household subjective forecasts of personal finance. We use nonβparametric directional analysis to assess the subjective forecasts which are based on qualitative judgments. Using the British Household Panel Survey (BHP