forecast errors

Quantifying Qualitative Survey Data: New Insights on the (Ir)Rationality of Firms' Forecasts (ESCoE DP 2021-14)

By: Alex Botsis, Christoph Görtz, Plutarchos Sakellaris

28 October 2021

Quantifying Qualitative Survey Data: New Insights on the (Ir)Rationality of Firms' Forecasts (ESCoE DP 2021-14)

Are firms’ forecast errors driven by rational or irrational behaviour?

28 October 2021

By Alex Botsis, Christoph Görtz, Plutarchos Sakellaris

5 min read time

Are firms’ forecast errors driven by rational or irrational behaviour?