Accessibility navigation


US inflation expectations and heterogeneous loss functions, 1968-2010

Clements, M. ORCID: https://orcid.org/0000-0001-6329-1341 (2014) US inflation expectations and heterogeneous loss functions, 1968-2010. Journal of Forecasting, 33 (1). pp. 1-14. ISSN 1099-131X

Full text not archived in this repository.

It is advisable to refer to the publisher's version if you intend to cite from this work. See Guidance on citing.

To link to this item DOI: 10.1002/for.2277

Abstract/Summary

Recent literature has suggested that macroeconomic forecasters may have asymmetric loss functions, and that there may be heterogeneity across forecasters in the degree to which they weigh under- and over-predictions. Using an individual-level analysis that exploits the Survey of Professional Forecasters respondents’ histogram forecasts, we find little evidence of asymmetric loss for the inflation forecasters

Item Type:Article
Refereed:Yes
Divisions:Henley Business School > ICMA Centre
ID Code:35275
Publisher:Wiley

University Staff: Request a correction | Centaur Editors: Update this record

Page navigation