Does the Federal Reserve Staff Still Beat Private Forecasters?

Rational Expectations and the Theory of Price Movements

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Expectation Formation, Economics, Market Failure +14

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Alberto Alesina, Lawrence H. Summers · Journal of money credit and banking · 1993 · 1.8K citations

Monetary Policy, Economics, Economic Policy +8

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Christina Romer, David Romer · American Economic Review · 2000 · 1.1K citations

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Michael P. Keane, David E. Runkle · American Economic Review · 1990 · 506 citations

Forecasting Methodology, Economics, Professional Forecasters +15

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Forecasting Methodology, Engineering, Macroeconomic Forecasting +18