How Accurate Are Private Sector Forecasts

By Prakash Loungani. 2000

210 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/f1e463b5fe12d31ba5db2dcb003970e4e4b16ae1

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In Economics and Econometrics

1. T. Wollmershaeuser
2. M. Sbracia
3. A. Prati
4. Jan-Egbert Sturm
5. Axel Dreher

Citations in the corpus

• Analysts’ Forecasts: What Do We Know after Decades of Work? (2011, unknown): “For example, this is argued to be the case for forecasts of interest rates (Belongia 1987), gross domestic product (Loungani 2000), recessions (Fintzen and Stekler 1999), and business 1 This is not meant to dispute the conclusion in Kothari (2001) referenced above, which is indeed accurate. cycles…”
• The Stress of Having a Single Monetary Policy in Europe (2008, background): “Among these studies Harvey et al. (2001), Loungani (2001) and Isiklar et al. (2006) contain formal tests of forecast efficiency.”
• Accuracy, Unbiasedness and Efficiency of Professional Macroeconomic Forecasts: An empirical Comparison for the G7 (2011, unknown): “…and Isiklar, Lahiri, and Loungani (2006), who use data from the Consensus Economics data set on forecasts for a set of industrialized countries; Loungani (2001), who additionally examines data for developing countries; Timmermann (2007), who analyzes the performances of IMF forecasts from the…”
• Do sell-side analysts exhibit differential target price forecasting ability? (2012, unknown): “2000) and market experts fail to persistently accurately forecast macroeconomic variables such as interest rates (Belongia 1987), gross domestic product (Loungani 2001), recessions (Fintzen and Stekler 1999), and business cycle turning points (Zarnowitz 1992).”
• Uncertainty and Currency Crises: Evidence from Survey Data (2010, methodology): “In these cases, the dispersion measures were seasonally adjusted to account for the smaller dispersion of forecasts documented by Loungani (2001) at the end of each year than at the beginning of each year.”