Macroeconomic Survey Expectations (Palgrave Texts In Econometrics)

Why should we be interested in macroeconomic survey expectations? This important book offers an in-depth treatment of this question from a point of view not covered in existing works on time-series econometrics and forecasting. Clements presents the nature of survey data, addresses some of the difficulties posed by the way in which survey expectations are elicited and considers the evaluation of point predictions and probability distributions. He outlines how, from a behavioural perspective, surveys offer insight into how economic agents form their expectations.

• | Author: Michael P. Clements
• | Publisher: Palgrave Macmillan
• | Publication Date: Jan 15, 2019
• | Number of Pages: 212 pages
• | Language: English
• | Binding: Hardcover
• | ISBN-10: 3319972227
• | ISBN-13: 9783319972220