Macroeconomic Survey Expectations

Name: Macroeconomic Survey Expectations
Author: Michael P. Clements

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Gebonden, blz. | Engels

Springer International Publishing | e druk, 2019

ISBN13: 9783319972220

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Springer International Publishing e druk, 2019 9783319972220

Onderdeel van serie Palgrave Texts in Econometrics

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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

Serie:Palgrave Texts in Econometrics

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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