%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