Publication
Sep 2008
This paper analyzes the rationality of professional macroeconomic forecasts. The authors provide evidence on the properties of forecasts for all G7-counties and four different macroeconomic variables. They conclude that large differences in the performance of forecasters exist and that economic forecasts should be used with caution.
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English (PDF, 47 pages, 460 KB) |
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Author | Jonas Dovern, Johannes Weisser |
Series | Kiel Institute Working Papers |
Issue | 1447 |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2008 Kiel Institute for the World Economy |