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Business and consumer surveys are the main source of agents' expectations. In this study we use survey expectations about a wide range of economic variables to forecast GDP growth. We propose an empirical approach to derive mathematical functional forms that link survey-based expectations to...
Persistent link: https://www.econbiz.de/10012955806
The main objective of this study is to present a two-step approach to generate estimates of economic growth based on agents' expectations from tendency surveys. First, we design a genetic programming experiment to derive mathematical functional forms that approximate the target variable by...
Persistent link: https://www.econbiz.de/10012909960
The main objective of this study is to present a two-step approach to generate estimates of economic growth based on agents' expectations from tendency surveys. First, we design a genetic programming experiment to derive mathematical functional forms that approximate the target variable by...
Persistent link: https://www.econbiz.de/10012928856
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