Well-anchored inflation expectations are considered to be a reflection of credible monetary
policy. In the past, anchoring has typically been assessed using either long-run inflation …

Yes. This study produces evidence that monetary policy transparency and communication
policy of the Bank of England have information content in reducing disagreement about …

We analyze the forecasts of inflation and GDP growth contained in the Banco de México's
Survey of Professional Forecasters for the period 1995–2009. The forecasts are for the …

In this paper we present a multivariate analysis of the Federal Reserve's forecasts. First, we
use existing univariate methods to evaluate each of the Fed's forecasts of the ten major …

We show that typical tests of whether forecasters herd will falsely indicate herding behavior
for a variety of types of behavior and forecasting environments that give rise to disagreement …

This paper provides a detailed analysis of the forecasts of real GDP, inflation and
unemployment made by individual members of the Federal Open Market Committee (FOMC) …

In this paper we explore methodologies appropriate for evaluating a forecasting competition
when the participants predict a number of variables that may be related to each other and …

The paper provides, for the first time, the analysis of the quality of the GDP growth and
inflation forecasts by multiple forecasters for the Croatian economy. Forecast data of 6 …

We propose an imperfect information model for the expectations of macroeconomic
forecasters that explains differences in average disagreement levels across forecasters by …

In this paper, we study the behavior and effectiveness of several recently developed forecast
combination algorithms in simulated unstable environments, where the performances of …