Michael P. Clements
Macroeconomic Survey Expectations
Gebonden Engels 2019 9783319972220Levertijd ongeveer 9 werkdagen
Gratis verzonden
Samenvatting
Why should we be interested in macroeconomic survey expectations? This important book offers an in-depth treatment of this question from a point of view not covered in existing works on time-series econometrics and forecasting. Clements presents the nature of survey data, addresses some of the difficulties posed by the way in which survey expectations are elicited and considers the evaluation of point predictions and probability distributions. He outlines how, from a behavioural perspective, surveys offer insight into how economic agents form their expectations.
Specificaties
ISBN13:9783319972220
Taal:Engels
Bindwijze:gebonden
Uitgever:Springer International Publishing
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Inhoudsopgave
Chapter 1: Introduction.- Chapter 2: The Nature of Survey Expectations.- Chapter 3: Working with Forecast Data.- Chapter 4: Assessing the Point Predictions.- Chapter 5: Assessing the Accuracy of the Probability Distributions.- Chapter 6: Consistency of the Point Forecasts and Probability Distributions.- Chapter 7: Macroeconomic Uncertainty - Surveys versus Models?.- Chapter 8: Behavioural Models of Expectations Formation.- Chapter 9: Expectations Shocks and the Macroeconomy.
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