Article

Analyzing Three-Dimensional Panel Data of Forecasts

Antony Davies, Kajal Lahiri and Xuguang Sheng

in The Oxford Handbook of Economic Forecasting

Published in print July 2011 | ISBN: 9780195398649
Published online September 2012 | | DOI: http://dx.doi.org/10.1093/oxfordhb/9780195398649.013.0018

Series: Oxford Handbooks

 Analyzing Three-Dimensional Panel Data of Forecasts

More Like This

Show all results sharing these subjects:

  • Economics
  • Econometric and Statistical Methods and Methodology: General
  • Financial Markets

GO

Show Summary Details

Preview

This article illustrates how frameworks built around multidimensional panel data of forecasts can be used not only to test the rational expectations hypothesis correctly, but also to study alternative expectations-formation mechanisms, to distinguish anticipated from unanticipated shocks, and to distinguish forecast uncertainty from disagreement.

Keywords: frameworks; economic forecasting; rational expectations hypothesis; economic shocks; forecast uncertainty

Article.  7241 words. 

Subjects: Economics ; Econometric and Statistical Methods and Methodology: General ; Financial Markets

Full text: subscription required

How to subscribe Recommend to my Librarian

Buy this work at Oxford University Press »

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.