1995
DOI: 10.1016/0304-4076(94)01649-k
|View full text |Cite
|
Sign up to set email alerts
|

A new framework for analyzing survey forecasts using three-dimensional panel data

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
3
2

Citation Types

2
144
0
1

Year Published

2004
2004
2017
2017

Publication Types

Select...
6
1
1

Relationship

0
8

Authors

Journals

citations
Cited by 157 publications
(147 citation statements)
references
References 16 publications
2
144
0
1
Order By: Relevance
“…We adapt these ideas to our set up, where we have a large number of targets but relatively few forecasts of each, and also calculate pooled versions of these tests. We show that if we assume the forecast-error decomposition of Davies and Lahiri (1995), the test based on the lack of correlation on adjacent forecast revisions of Nordhaus is invalid. Instead, we present versions which are valid under the Davies-Lahiri setup.…”
Section: Introductionmentioning
confidence: 93%
See 2 more Smart Citations
“…We adapt these ideas to our set up, where we have a large number of targets but relatively few forecasts of each, and also calculate pooled versions of these tests. We show that if we assume the forecast-error decomposition of Davies and Lahiri (1995), the test based on the lack of correlation on adjacent forecast revisions of Nordhaus is invalid. Instead, we present versions which are valid under the Davies-Lahiri setup.…”
Section: Introductionmentioning
confidence: 93%
“…To this end, we will adopt the decomposition of forecast errors of Davies and Lahiri (1995), except that their forecasts vary across individuals as well as targets and horizons.…”
Section: Pooling Proceduresmentioning
confidence: 99%
See 1 more Smart Citation
“…In the economics sphere point forecasts of the conditional mean or some other measure of the central tendency have been the main focus (see, e.g., Mincer and Zarnowitz (1969), Figlewski andWachtel (1981), Zarnowitz (1985), Keane and Runkle (1990), Davies and Lahiri (1995), Stekler (2002) and Fildes and Stekler (2002)),…”
Section: Introductionmentioning
confidence: 99%
“…Empirical examples of three dimensional panels are still relatively rare, but are starting to appear in the literature, see for example, Goldberg and Verboven (2005), who assembled a large three dimensional panel (using make of car, countries and time) to investigate market integration and convergence in the European car market, and Davies and Lahiri (1995) who analyse forecasts of in ‡ation available for di¤erent individuals, across varying time horizons over the period from 1977 through to 1992. Within the context of a three-dimensional (3D) panel, N might denote countries or industries and M might be regions or …rms within that country or industry.…”
Section: Introductionmentioning
confidence: 99%