Reputation and Forecast Revisions: Evidence from the FOMC
This paper investigates how FOMC members revise their forecasts for key macroeconomic variables. Based on a new data set of forecasts from individual FOMC members between 1992 and 2000 it is shown that FOMC members intentionally overrevise their forecasts at the first revision and underrevise at th...
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| Veröffentlicht in: | MAGKS - Joint Discussion Paper Series in Economics (Band 28-2011) |
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| 1. Verfasser: | |
| Format: | Arbeit |
| Sprache: | Englisch |
| Veröffentlicht: |
2011
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| Schlagworte: | |
| Online-Zugang: | PDF-Volltext |
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MAGKS - Joint Discussion Paper Series in Economics