Macroeconomic Survey Expectations

Know about the book -

Macroeconomic Survey Expectations is written by Michael P. Clements and published by Springer. It's available with International Standard Book Number or ISBN identification 3319972235 (ISBN 10) and 9783319972237 (ISBN 13).

Why should we be interested in macroeconomic survey expectations? This important book offers an in-depth treatment of this question from a point of view not covered in existing works on time-series econometrics and forecasting. Clements presents the nature of survey data, addresses some of the difficulties posed by the way in which survey expectations are elicited and considers the evaluation of point predictions and probability distributions. He outlines how, from a behavioural perspective, surveys offer insight into how economic agents form their expectations.