Forecasting the inflation path is an important task for central banks in an inflation targeting regime. Therefore, central banks must continuously evaluate the forecasting accuracy of the models used to generate inflation forecasts. This paper evaluates the performance of most of the models that...

Forecasting the inflation path is an important task for central banks in an inflation targeting regime. Therefore, central banks must continuously evaluate the forecasting accuracy of the models used to generate inflation forecasts. This paper evaluates the performance of most of the models that...

Forecasts of U.S. ending stocks for corn, soybean, and wheat issued by the USDA and private analysts are evaluated. The null hypothesis that USDA forecasts are unbiased cannot be rejected. The null hypothesis that private analysts' forecasts are unbiased forecasts of USDA forecasts cannot be...