Forecasting the ECB's main refinancing rate. A field experiment

C-Tier
Journal: Economics Letters
Year: 2008
Volume: 99
Issue: 2
Pages: 379-383

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

When no appropriate markets to derive expectations on economic variables are available surveying methods are often employed. However, surveys suffer from the problem of how to aggregate individual expectations in a reasonable manner. We show at the example of a market on the ECB's main refinancing rate that experimental markets aggregate information quite efficiently and thus are a useful tool in this respect.

Technical Details

RePEc Handle
repec:eee:ecolet:v:99:y:2008:i:2:p:379-383
Journal Field
General
Author Count
1
Added to Database
2026-01-24