How informative are interest rate survey-based forecasts?
نویسندگان
چکیده
منابع مشابه
How Informative Are Interest Rate Survey-based Forecasts?
This paper studies the information content of survey-based predictions for the Brazilian short-term interest rate. We perform vector autoregression analysis to test for the dynamic relationship between market expectations of interest rates and spot interest rates, and a single regression forecasting approach. Empirical results suggest that surveys may be useful in assessing market expectations ...
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ژورنال
عنوان ژورنال: BAR - Brazilian Administration Review
سال: 2008
ISSN: 1807-7692
DOI: 10.1590/s1807-76922008000400005