The Persistence of Miscalibration
收藏NBER2020-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w28010
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资源简介:
Using 14,800 forecasts of one-year S&P 500 returns made by Chief Financial Officers over a 12-year period, we track the individual executives who provide multiple forecasts to study how their beliefs evolve dynamically. While CFOs return forecasts are systematically unbiased, their confidence
提供机构:
美国国家经济研究局
创建时间:
2020-11-01



