EconPapers    
Economics at your fingertips  
 

Do professional forecasters pay attention to data releases?

Michael Clements

International Journal of Forecasting, 2012, vol. 28, issue 2, 297-308

Abstract: We present a novel approach to assessing the attentiveness of professional forecasters to news about the macroeconomy. We find evidence that professional forecasters, taken as a group, do not always update their estimates of the current state of the economy to reflect the latest releases of revised estimates of key data.

Keywords: Survey expectations; Data revisions; Inattention (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0169207011001348
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Do Professional Forecasters Pay Attention to Data Releases? (2011) Downloads
Working Paper: Do Professional Forecasters Pay Attention to Data Releases? (2011) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:intfor:v:28:y:2012:i:2:p:297-308

Access Statistics for this article

International Journal of Forecasting is currently edited by R. J. Hyndman

More articles in International Journal of Forecasting from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2019-10-01
Handle: RePEc:eee:intfor:v:28:y:2012:i:2:p:297-308