Peel, David and Walters, K. (1984) Some Empirical Results on 'the Rationality' of Expectations Derived from Survey Data. Empirical Economics, 9 (3). pp. 151-163.
Full text not available from this repository.Official URL: http://dx.doi.org/10.1007/BF01973320
Abstract
The purpose in this paper is to examine the properties of time series of expectations data derived from survey data, when explicit allowance is made for the time horizon of the forecasts and the information set which agents possess. Our empirical results suggest that three of the five series examined exhibit ex-post bias.
| Item Type: | Article |
|---|---|
| Journal or Publication Title: | Empirical Economics |
| Subjects: | H Social Sciences > HB Economic Theory |
| Departments: | Lancaster University Management School > Economics |
| ID Code: | 56413 |
| Deposited By: | ep_importer_pure |
| Deposited On: | 31 Jul 2012 11:07 |
| Refereed?: | Yes |
| Published?: | Published |
| Last Modified: | 31 Jul 2012 11:07 |
| Identification Number: | |
| URI: | http://eprints.lancs.ac.uk/id/eprint/56413 |
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