Evaluating Wall Street Journal survey forecasters: a multivariate approach

This paper proposes a methodology for assessing the joint performance of multivariate forecasts of economic variables. The methodology is illustrated by comparing the rankings of forecasters by the Wall Street Journal with the authors’ alternative rankings. The results show that the methodology can provide useful insights as to the certainty of forecasts as well as the extent to which various forecasts are similar or different.

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Year of publication:	2002
Authors:	Eisenbeis, Robert ; Waggoner, Daniel ; Zha, Tao
Publisher:	Atlanta, GA : Federal Reserve Bank of Atlanta
Subject:	Forecasting

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Series:	Working Paper ; 2002-8a
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	hdl:10419/100711 [Handle] RePEc:fip:fedawp:2002-8 [RePEc]
Source:	EconStor

Persistent link: https://www.econbiz.de/10010397382