Do professional forecasters pay attention to data releases?

Do Professional Forecasters Pay Attention to Data Releases?

We present a novel approach to assessing the attentiveness of professional forecasters to news about the macroeconomy. We …nd evidence that professional forecasters, taken as a group, do not always update their estimates of the current state of the economy to re‡ect the latest releases of revised estimates of key data. Key words: Professional forecasters, data revisions, inattention. JEL classi...

Targeting regressions: do readers pay attention to the left?

The perceptual span during normal reading extends approximately 14 to 15 characters to the right and three to four characters to the left of a current fixation. In the present study, we investigated whether the perceptual span extends farther than three to four characters to the left immediately before readers execute a regression. We used a display-change paradigm in which we masked words beyo...

Learning to Pay Attention

1188 Our sensory system is constantly bombarded with inputs, but owing to the brain's fi nite processing power, we are forced to pay attention to only a tiny proportion of these inputs at any given time. In a new study, Richard Davidson and colleagues report that intensive training in meditation can alter the way in which the brain allocates attentional resources to important stimuli, allowing ...

Learn To Pay Attention

We propose an end-to-end-trainable attention module for convolutional neural network (CNN) architectures built for image classification. The module takes as input the 2D feature vector maps which form the intermediate representations of the input image at different stages in the CNN pipeline, and outputs a 2D matrix of scores for each map. Standard CNN architectures are modified through the inc...

home-related injuries: do pay much attention to traffic accidents resulted in home-related injuries negligence?