%0 Journal Article
%T Inflation Forecasting: Rewarding Luck Rather Than Skill?
%A Sergio Da Silva
%A Raul Matsushita
%A Geziel Fern¨˘ndez
%J Open Access Library Journal
%V 6
%N 10
%P 1-6
%@ 2333-9721
%D 2019
%I Open Access Library
%R 10.4236/oalib.1105801
%X
The Central Bank of Brazil annually rewards the top 5 private forecasters of the long run price index ˇ°aiming at improving their predictive ability.ˇ± We review the The Central Bank of Brazil annually rewards the top 5 private forecasters of the long run price index ˇ°aiming at improving their predictive ability.ˇ± We review the evidence of their performance and cannot reject the hypothesis that the forecasters enter the top 5 list randomly.evidence of their performance and cannot reject the hypothesis that the forecasters enter the top 5 list randomly.
%K Inflation Forecasting
%K Professional Forecasters
%K Central Banks
%K Luck
%U http://www.oalib.com/paper/5422096