Do Economic Restrictions Improve Forecasts?

Do Experts’ SKU Forecasts improve after Feedback?

We analyze the behavior of experts who quote forecasts for monthly SKU-level sales data where we compare data before and after the moment that experts received different kinds of feedback on their behavior. We have data for 21 experts located in as many countries who make SKUlevel forecasts for a variety of pharmaceutical products for October 2006 to September 2007. We study the behavior of the...

Do Electronic Markets Improve Forecasts of New Product Success?

Do disaggregated CPI data improve the accuracy of inflation forecasts?☆

a r t i c l e i n f o In this paper, we evaluate the role of using consumer price index (CPI) disaggregated data to improve the accuracy of inflation forecasts. Our forecasting approach is based on extracting the factors from the subcompo-nents of the CPI at the highest degree of disaggregation. The data set contains 54 macroeconomic series and 243 CPI subcomponents from 1992 to 2009 for Mexico...

Combining Economic Forecasts

Are Economic Forecasts Rational?