
Macroeconomic Survey Expectations
Michael P. Clements(Author)
Palgrave Macmillan (Publisher)
Published on 15. January 2019
Book
Hardback
XVI, 196 pages
978-3-319-97222-0 (ISBN)
Description
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.
More details
Series
Edition
2019 ed.
Language
English
Place of publication
Cham
Switzerland
Publishing group
Springer International Publishing
Target group
Professional and scholarly
Illustrations
3 s/w Abbildungen, 2 farbige Abbildungen
XVI, 196 p. 5 illus., 2 illus. in color.
Dimensions
Height: 216 mm
Width: 153 mm
Thickness: 17 mm
Weight
393 gr
ISBN-13
978-3-319-97222-0 (9783319972220)
DOI
10.1007/978-3-319-97223-7
Schweitzer Classification
Other editions
Additional editions

Michael P. Clements
Macroeconomic Survey Expectations
E-Book
12/2018
1st Edition
Palgrave Macmillan
€90.94
Available for download
Person
Michael Clements
is Professor of Econometrics at the ICMA Centre, Henley Business School, University of Reading, UK. He is Series Editor of Palgrave Texts in Econometrics and Palgrave Advanced Texts in Econometrics, and has published extensively on time series econometrics, modelling and forecasting.
Content
Chapter 1: Introduction.- Chapter 2: The Nature of Survey Expectations.- Chapter 3: Working with Forecast Data.- Chapter 4: Assessing the Point Predictions.- Chapter 5: Assessing the Accuracy of the Probability Distributions.- Chapter 6: Consistency of the Point Forecasts and Probability Distributions.- Chapter 7: Macroeconomic Uncertainty - Surveys versus Models?.- Chapter 8: Behavioural Models of Expectations Formation.- Chapter 9: Expectations Shocks and the Macroeconomy.