Pierdzioch, Christian; Reid, Monique B.; Gupta, Rangan - Department of Economics, Fakulteit Ekonomiese en … - 2014
forecasters’ loss function. When we study micro-level data of individual forecasts, we find mixed evidence of an asymmetric loss … function, suggesting that inflation forecasters are heterogeneous with respect to the shape of their loss function. We also … the loss function, and against forecast rationality. Upon comparing the micro-level results with those for pooled and …