This study evaluates a system of USDA's Net Cash Income forecasts, released as part of the
farm sector's income statement, which includes crop receipts, livestock receipts, government …

We propose a framework for evaluating the conditionality of forecasts. The crux of our
framework is the observation that a forecast is conditional if revisions to the conditioning …

We study the rationality of the inflation forecasts of the central banks of Argentina, Brazil,
Chile, and Mexico. We reject rationality under a symmetric (Chile is an exception) but not …

We revisit the sources of the bias in Federal Reserve forecasts and assess whether a
precautionary motive can explain the forecast bias. In contrast to the existing literature, we …

We analyse the individual rationality of inflation and output forecasts from Money Market
Survey (MMS) for a group of G7 countries and EU under asymmetric univariate Linlin and …

The purpose of this study is to emphasize the advantages of Mahalanobis distance in
assessing the overall accuracy of inflation predictions in Romania when two scenarios …

A proverb often attributed to the famous physicist Niels Bohr says, it is very difficult to predict-
especially the future (Mencher, 1971, p. 37). While it is hard to disagree with this proverb, it …