How accurate are professional forecasts in Asia? Evidence from ten countries

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How accurate are professional forecasts in Asia? Evidence from ten countries

This paper assesses the performances of professional GDP growth and inflation forecasts for ten Asian economies for the period 1995–2012. We evaluate the accuracy of the forecasts, and test for unbiasedness and efficiency. Our results show that (i) forecast errors are large for most of the countries...

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Bibliographic Details
Main Authors:	Chen, Qiwei, Costantini, Mauro, Deschamps, Bruno
Format:	Article
Published:	Elsevier 2016
Subjects:	Professional forecasts; Forecast efficiency; Forecast bias; Asia
Online Access:	https://eprints.nottingham.ac.uk/52673/

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