Do Professional Forecasters Pay Attention to Data Releases?
نویسنده
چکیده
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 reect the latest releases of revised estimates of key data. Key words: Professional forecasters, data revisions, inattention. JEL classi cation: C53 Department of Economics, University of Warwick, Coventry, CV4 7AL, UK. [email protected]
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تاریخ انتشار 2011