Why should we be interested in macroeconomic survey expectations?
This important book offers an in-depth treatment of this question
from a point of view not covered in existing works on time-series
econometrics and forecasting. Clements presents the nature of
survey data, addresses some of the difficulties posed by the way in
which survey expectations are elicited and considers the evaluation
of point predictions and probability distributions. He outlines
how, from a behavioural perspective, surveys offer insight into how
economic agents form their expectations.
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