Warehouse / JEL /
E70
E70
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Journal of Money, Credit and Banking
23 Oct 2025
Misspecified Expectations among Professional ForecastersJULIO L. ORTIZ
Analyzing panel data from the U.S. Survey of Professional Forecasters (SPF, 1992Q1–2019Q4, 77 forecasters, 1,520 forecaster-quarter observations), Julio Ortiz finds that a “misspecified …
Published
Journal of Monetary Economics
Optimal monetary policy with uncertain private sector foresightChristopher Gust · Edward Herbst · David López-Salido
Central banks must set policy under uncertainty about how private-sector expectations form, which changes how monetary policy transmits to output and inflation. This paper studies optimal …