Consensus and uncertainty: Using forecast probabilities of output declines

B-Tier
Journal: International Journal of Forecasting
Year: 2008
Volume: 24
Issue: 1
Pages: 76-86

Score contribution per author:

2.018 = (α=2.02 / 1 authors) × 1.0x B-tier

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

Abstract

A number of studies have addressed the relationship between intra-personal uncertainty and inter-personal disagreement about the future values of economic variables such as output growth and inflation using the SPF. By making use of the SPF respondents' probability forecasts of declines in output, we are able to construct a quarterly series of output growth uncertainty to supplement the annual series that are often used in such analyses. We also consider the relationship between disagreement and uncertainty for probability forecasts of declines in output.

Technical Details

RePEc Handle
repec:eee:intfor:v:24:y:2008:i:1:p:76-86
Journal Field
Econometrics
Author Count
1
Added to Database
2026-01-25