Macroeconomic Survey Expectations

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    Macroeconomic Survey Expectations
    By: Michael P. Clements
    Publisher:
    Palgrave Macmillan
    Print ISBN: 9783319972220, 3319972227
    eText ISBN: 9783319972237, 3319972235
    Copyright year: 2019
    Format: EPUB
    Available from $ 99.00 USD
    SKU 9783319972237
    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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