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Ramos-Herrera, María del Carmen and Sosvilla-Rivero, Simón (2017) Inflation, real economic growth and unemployment expectations: An empirical analysis based on the ECB Survey of Professional Forecasters. [ Working Papers on International Economics and Finance; nº 17-02, ISSN: 1696-6376 ]
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Abstract
Expectations are at the centre of modern macroeconomic theory and policymakers. In this paper, we examine the predictive ability and the consistency properties of macroeconomic expectations using data of the European Central Bank (ECB) Survey of Professional Forecasters (SPF).
Item Type: | Working Paper or Technical Report |
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Uncontrolled Keywords: | Inflation; Real economic growth; Unemployment; Expectations; Euro area. |
Subjects: | Social sciences > Economics > World economy Social sciences > Economics > Finance Social sciences > Economics > Macroeconomics |
JEL: | F31, E31, D84 |
Series Name: | Working Papers on International Economics and Finance |
Volume: | |
Number: | 17-02 |
ID Code: | 59384 |
Deposited On: | 04 Mar 2020 10:53 |
Last Modified: | 04 Mar 2020 15:23 |
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