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...
Autore principale: | |
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Natura: | Periodico |
Lingua: | English |
Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
2010.
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Serie: | IMF Working Papers; Working Paper ;
No. 2010/178 |
Soggetti: | |
Accesso online: | Full text available on IMF |