Evaluating Wall Street Journal Survey Forecasters: A Multivariate Approach |
Common terms and phrases
1000 Peachtree Street 1999 WSJ Survey 3-Month GDP 3-Month T-Bill Rate 30-year Treasure bond 30-year Treasury 6-month-ahead forecast actual value Bank of Atlanta Cahn compared covariance matrix CPI inflation CUR T-Bond December 31 denote the variance-covariance Dudley economic variables Evaluating Wall Street Federal Reserve Bank Forecast Performance forecast period forecast variables Fosler Georgia Hummer illustrate individual forecasters Inflation Rate T-Bond interest rates January joint forecast accuracy Journal method Journal Survey Forecasters July 01 July 86 July 94 Littmann mean accuracy score mean EWZ rank mean rank measure of joint number of variables over-forecast panel of Table particular forecast positive correlation proposed methodology Ramirez Rate 3-Month T-Bill Rate T-Bond Rate re-estimation Resler Sinai Street Journal forecast Street Journal Survey Tao Zha Thayer top forecasters Treasury Bills Treasury bond yield under-forecast unemployment rate US$/Euro variable like GDP vector Wall Street Journal weight assigned WSJ Rank Yardeni Yen/Dollar Yen/US