Paloviita, Maritta; Viren, Matti - Turun Kauppakorkeakoulu, Turun Yliopisto - 2012
Survey of Professional Forecasts for the US are also investigated. We examine internal consistency of individual inflation … respondents. Our analysis indicates that individual forecasters deviate systematically from each other. Moreover, inflation … according to the hybrid specification of the New Keynesian Phillips curve. The results also indicate that inflation uncertainty …