Consensus Forecasts and Inefficient Information Aggregation /

Consensus forecasts are inefficient, over-weighting older information already in the public domain at the expense of new private information, when individual forecasters have different information sets. Using a cross-country panel of growth forecasts and new methodological insights, this paper finds...

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Bibliografiska uppgifter
Huvudupphovsman: Crowe, Christopher
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2010.
Serie:IMF Working Papers; Working Paper ; No. 2010/178
Ämnen:
Länkar:Full text available on IMF