Artikel
House price forecasts, forecaster herding, and the recent crisis
We used the Wall Street Journal survey data for the period 2006-2012 to analyze whether forecasts of house prices and housing starts provide evidence of (anti-)herding of forecasters. Forecasts are consistent with herding (anti-herding) of forecasters if forecasts are biased towards (away from) the consensus forecast. We found that anti-herding is prevalent among forecasters of house prices. We also report that, following the recent crisis, the prevalence of forecaster anti-herding seems to have changed over time.
- Sprache
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Englisch
- Erschienen in
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Journal: International Journal of Financial Studies ; ISSN: 2227-7072 ; Volume: 1 ; Year: 2013 ; Issue: 1 ; Pages: 16-29 ; Basel: MDPI
- Klassifikation
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Wirtschaft
- Thema
-
forecasts
house prices
housing starts
herding
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Pierdzioch, Christian
Rülke, Jan Christoph
Stadtmann, Georg
- Ereignis
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Veröffentlichung
- (wer)
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MDPI
- (wo)
-
Basel
- (wann)
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2013
- DOI
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doi:10.3390/ijfs1010016
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Pierdzioch, Christian
- Rülke, Jan Christoph
- Stadtmann, Georg
- MDPI
Entstanden
- 2013
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