In this paper, we evaluate households' directional forecasts of inflation and the unemployment rate in Sweden. The …

. In Chapter 3 we use the Henrikkson–Merton statistic to measure the economic value of directional forecasts in the sense … close with some concluding remarks in Chapter 6. We point out that directional forecasts can provide a convenient framework … demonstrate the relevance to account for serial correlation in economic time series when testing for the value of directional …

directional forecasts can provide a useful framework to assess the economic forecast value when loss functions (or success … general approach to evaluate (directional) forecasts which is simple to implement, robust to outlying or unreasonable …

directional forecasts can provide a useful framework to assess the economic forecast value when loss functions (or success … a general approach to evaluate (directional) forecasts which is simple to implement, robust to outlying or unreasonable …

Common approaches to test for the economic value of directional forecasts are based on the classical Chi-square test … relevance to account for serial correlation in economic time series when testing for the value of directional forecasts. …

Common approaches to test for the economic value of directional forecasts are based on the classical Chi-square test … relevance to account for serial correlation in economic time series when testing for the value of directional forecasts. … economic value of directional forecasts are based on the classical χ2–test for independence, Fisher’s exact test or the Pesaran …