Do FOMC Members Herd?
Twice a year FOMC members submit forecasts for growth, unemplyoment and inflation to be published in the Humphrey-Hawkins Report to Congress. In this paper we use individual FOMC forecasts to assess whether these forecasts exhibit herding behavior, a pattern often found in private sector forecasts....
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Gepubliceerd in: | MAGKS - Joint Discussion Paper Series in Economics (Band 32-2010) |
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Hoofdauteurs: | , |
Formaat: | Arbeit |
Taal: | Engels |
Gepubliceerd in: |
Philipps-Universität Marburg
2023
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Online toegang: | PDF Full text |
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MAGKS - Joint Discussion Paper Series in Economics