Summaries

  • "The central tendencies of market-based forecasts are at least as accurate, and in fact somewhat superior to, the 'consensus' or 'survey...

Published Versions

Frankel, Jeffrey A. and Christopher A. Pissarides (eds.) NBER International Seminar on Macroeconomics 2005 (NBER International Seminar on Macroeconomics Series). Cambridge, MA: The MIT Press, July 31, 2007.

Macroeconomic Derivatives: An Initial Analysis of Market-Based Macro Forecasts, Uncertainty, and Risk, Refet Gürkaynak, Justin Wolfers. in NBER International Seminar on Macroeconomics 2005, Frankel and Pissarides. 2007

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