Disagreement among forecasters in G7 countries

J Dovern, U Fritsche, J Slacalek - Review of Economics and Statistics, 2012 - direct.mit.edu
We investigate determinants of disagreement—cross-sectional dispersion of individual
forecasts—about key economic indicators. Disagreement about economic activity, in …

Measurement of economic forecast accuracy: A systematic overview of the empirical literature

G Buturac - Journal of risk and financial management, 2021 - mdpi.com
The primary purpose of the paper is to enable deeper insight into the measurement of
economic forecast accuracy. The paper employs the systematic literature review as its …

Accuracy, unbiasedness and efficiency of professional macroeconomic forecasts: An empirical comparison for the G7

J Dovern, J Weisser - International Journal of Forecasting, 2011 - Elsevier
In this paper, we use survey data to analyze the accuracy, unbiasedness and efficiency of
professional macroeconomic forecasts. We analyze a large panel of individual forecasts that …

Forecasting and nowcasting real GDP: Comparing statistical models and subjective forecasts

WJ Jansen, X Jin, JM de Winter - International Journal of Forecasting, 2016 - Elsevier
We conduct a systematic comparison of the short-term forecasting abilities of twelve
statistical models and professional analysts in a pseudo-real-time setting, using a large set …

Information rigidities: Comparing average and individual forecasts for a large international panel

J Dovern, U Fritsche, P Loungani, N Tamirisa - International Journal of …, 2015 - Elsevier
We study forecasts of real GDP growth using a large panel of individual forecasts from 36
advanced and emerging economies over the period 1989–2010. We show that the degree …

The evolution of forecast density combinations in economics

Increasingly, professional forecasters and academic researchers present model-based and
subjective or judgment-based forecasts in economics which are accompanied by some …

Systematic errors in growth expectations over the business cycle

J Dovern, N Jannsen - International Journal of Forecasting, 2017 - Elsevier
We document the fact that the growth forecasts made by professional forecasters in
advanced economies exhibit systematic errors, and analyze how these errors depend on the …

Information rigidities in USDA crop production forecasts

R Goyal, MK Adjemian - American Journal of Agricultural …, 2023 - Wiley Online Library
USDA invests significant public resources into developing its crop projection reports. These
publications inform decisions across the supply chain. Several previous studies find that …

Inflation and unemployment forecasting with genetic support vector regression

G Sermpinis, C Stasinakis, K Theofilatos… - Journal of …, 2014 - Wiley Online Library
In this paper a hybrid genetic algorithm–support vector regression (GA‐SVR) model in
economic forecasting and macroeconomic variable selection is introduced. The proposed …

Are European sovereign bonds fairly priced? The role of modelling uncertainty

L De Haan, J Hessel, JW van den End - Journal of International Money and …, 2014 - Elsevier
This paper examines the extent to which large swings of sovereign yields in euro area
countries during the debt crisis can be attributed to fundamentals, focusing on the inherent …