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Macroeconomic Survey Expectations
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Macroeconomic Survey Expectations

2019 ed.

Book Details

Format Hardback or Cased Book
ISBN-10 3319972227
ISBN-13 9783319972220
Edition 2019 ed.
Publisher Springer International Publishing AG
Imprint Springer International Publishing AG
Country of Manufacture GB
Country of Publication GB
Publication Date Jan 15th, 2019
Print length 196 Pages
Ksh 13,500.00
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Why should we be interested in macroeconomic survey expectations? Clements presents the nature of survey data, addresses some of the difficulties posed by the way in which survey expectations are elicited and considers the evaluation of point predictions and probability distributions.
Why should we be interested in macroeconomic survey expectations? This important book offers an in-depth treatment of this question from a point of view not covered in existing works on time-series econometrics and forecasting. Clements presents the nature of survey data, addresses some of the difficulties posed by the way in which survey expectations are elicited and considers the evaluation of point predictions and probability distributions. He outlines how, from a behavioural perspective, surveys offer insight into how economic agents form their expectations.

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