The Association between Macroeconomic Uncertainty and Analysts' Forecast Accuracy
This study examines whether macroeconomic uncertainty affects the forecast accuracy of financial analysts in an international setting. We use inflation and foreign exchange volatility as measures of macroeconomic uncertainty. We find strong evidence that forecast accuracy decreases in the level of m...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2005
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soa_research/151 http://dx.doi.org/10.2308/jiar.2005.4.1.23 |
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| Institution: | Singapore Management University |
| Language: | English |