Add to ORKGThis paper studies how expectations regarding current and future output growth are revised as the state of the economy evolves. We study this issue using GDP growth forecasts from the Survey of Professional Forecasters. We find an asymmetric relationship between forecast revisions and GDP growth. Forecasters make larger forecast revisions during contractions than during expansions when the deviation of the economy from its normal state is controlled for
We document information rigidity in forecasts for real GDP growth in 46 countries over the past two ...
Macro-economic forecasts typically involve both a model component, which is replicable, as well as i...
This paper investigates the informational content of regular revisions to real GDP growth and its co...
This paper studies how expectations regarding current and future output growth are revised as the st...
It has been well documented that the consensus forecast from surveys of professional forecasters sho...
This paper investigates whether economic activity dynamics predict GDP revisions using panel data fr...
This study presents a model that delivers more accurate forecasts of the revised rather initial esti...
Trend (potential) GDP estimates, and consequently output gaps, a key variable for calculating cyclic...
This paper investigates the informational content of regular revisions to real GDP growth and its co...
textabstractMacro-economic forecasts typically involve both a model component, which is replicable, ...
The paper claims forecasting is a process during which forecasts are regularly updates and revised. ...
High forecasting power is essential for understanding scientific relationships. In economics, foreca...
Macro-economic forecasts typically involve both a model component, which is replicable, as well as i...
We show that professional forecasters are able to anticipate the \u85rst but not the second revision...
Abstract: We compare the medium-term GDP growth forecasts generated by experts to those generated b...
We document information rigidity in forecasts for real GDP growth in 46 countries over the past two ...
Macro-economic forecasts typically involve both a model component, which is replicable, as well as i...
This paper investigates the informational content of regular revisions to real GDP growth and its co...
This paper studies how expectations regarding current and future output growth are revised as the st...
It has been well documented that the consensus forecast from surveys of professional forecasters sho...
This paper investigates whether economic activity dynamics predict GDP revisions using panel data fr...
This study presents a model that delivers more accurate forecasts of the revised rather initial esti...
Trend (potential) GDP estimates, and consequently output gaps, a key variable for calculating cyclic...
This paper investigates the informational content of regular revisions to real GDP growth and its co...
textabstractMacro-economic forecasts typically involve both a model component, which is replicable, ...
The paper claims forecasting is a process during which forecasts are regularly updates and revised. ...
High forecasting power is essential for understanding scientific relationships. In economics, foreca...
Macro-economic forecasts typically involve both a model component, which is replicable, as well as i...
We show that professional forecasters are able to anticipate the \u85rst but not the second revision...
Abstract: We compare the medium-term GDP growth forecasts generated by experts to those generated b...
We document information rigidity in forecasts for real GDP growth in 46 countries over the past two ...
Macro-economic forecasts typically involve both a model component, which is replicable, as well as i...
This paper investigates the informational content of regular revisions to real GDP growth and its co...