Consensus Forecasts and Inefficient Information Aggregation /

Consensus forecasts are inefficient, over-weighting older information already in the public domain at the expense of new private information, when individual forecasters have different information sets. Using a cross-country panel of growth forecasts and new methodological insights, this paper finds...

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Xehetasun bibliografikoak
Egile nagusia: Crowe, Christopher
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2010.
Saila:IMF Working Papers; Working Paper ; No. 2010/178
Gaiak:
Sarrera elektronikoa:Full text available on IMF