On the accuracy of private forecasts of inflation and growth in Brazil

This study evaluates the accuracy of the private-sector forecasts of inflation and growth in industrial production collected by the Brazilian Central Bank (BCB). In addition to examining directional accuracy, we utilize as benchmarks both naïve and univariate autoregressive moving-average (ARMA) for...

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Bibliographic Details
Main Author: Baghestani, Hamid (author)
Other Authors: Marchon, Cassia (author)
Format: article
Published: 2015
Subjects:
Online Access:http://hdl.handle.net/11073/8402
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