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The contribution of opinion surveys in forecasting aggregate demand in the four main EC countries

par Biart, Michel;Praet, Peter
Référence Journal of economic psychology, 8, 4, page (409-428)
Publication Publié, 1987

Article révisé par les pairs

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Résumé :

This paper presents for the four main EC countries forecasting models of aggregate demand components based on various tendency surveys. Its objective is to work out practical models both in terms of data requirement and computation as the models are to be used regularly for very short-term forecasting. In spite of a great simplicity of the specifications, the regression results prove quite acceptable. Forecasting exercises compare reasonably well with the results of more elaborate procedures. © 1987.