survey data, forecasting, quantification, panel data

Publication date: 17 Jan 2005 | Publication type: NIESR Discussion Paper | Authors: Mitchell, J, Weale, M | NIESR discussion paper number: 251
Traditionally forecasts of macroeconomic aggregates are extracted from prospective qualitative survey data by relating official data on the aggregate to both the proportion of survey respondents who are "optimists" and the proportion who are "pessimists". But there is no reason...