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Author
Stadtmann Georg (Europa-Universität Viadrina), Schäfer Dirk (University of Southern Denmark, Denmark)
Title
Do Exchange-Rate Forecasters Herd? : a Note on the Zloty/Dollar and Yen/Dollar Exchange Rate
Source
Bank i Kredyt, 2011, nr 1, s. 7-17, rys., tab., bibliogr. 26 poz.
Keyword
Kurs walutowy, Prognozowanie, Decyzje konsumenckie
Exchange rates, Forecasting, Consumer decision
Note
summ.
Abstract
We used the foreign-exchange rate forecasts of the Consensus Economics Inc. poll to analyze whether exchange-rate forecasters herd or anti-herd. Forecasters herd (anti-herd) if their forecasts are biased towards (away from) the consensus. Upon implementing a robust empirical test developed by Bernhardt, Campello, Kutsoati (2006), we found that forecasters anti-herd. (original abstract)
Accessibility
The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
The Main Library of the Wroclaw University of Economics
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Bibliography
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ISSN
0137-5520
Language
eng
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