We use South African survey data to study whether inflation forecasts are unbiased. Depending on a fore- caster’s information set, we evaluate whether forecasts are biased due to forecaster herding. Forecaster herding is ...
Pierdzioch, Christian; Reid, Monique B.; Gupta, Rangan(Taylor and Francis, 2018)
We study the information content of South African inflation survey data by determining the directional accuracy of both short-term and long-term forecasts. We use relative operating characteristic (ROC) curves, which have ...
