The ECB Survey of Professional Forecasters, simply called the Survey of Professional Forecasters (SPF), is a quarterly survey of macroeconomic forecasts for the
economy of Europe
The economy of Europe comprises about 748 million people in 50 countries. The formation of the European Union (EU) and in 1999 the introduction of a unified currency, the Euro, brought participating European countries closer through the ...
issued by the
European Central Bank
The European Central Bank (ECB) is the prime component of the monetary Eurosystem and the European System of Central Banks (ESCB) as well as one of seven institutions of the European Union. It is one of the world's most important centr ...
(ECB).
History
The ECB Survey of Professional Forecasters was started in 1999.
[
In 2007, the ECB published a review of the survey based on eight years of experience.
]
Reception
Academic research
The ECB Survey of Professional Forecasters has been the subject of some academic research, including a 2013 paper considering whether there was a better way of combining the forecasts than simply taking the average. They found some methods of combining that did better than the average, but noted that it was not clear that these methods would continue to beat the average in the future.
See also
* Survey of Professional Forecasters
The Survey of Professional Forecasters (SPF) is a quarterly survey of macroeconomic forecasts for the economy of the United States issued by the Federal Reserve Bank of Philadelphia. It is the oldest such survey in the United States.
The survey i ...
, a similar survey in the United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...
conducted by the Federal Reserve Bank of Philadelphia
The Federal Reserve Bank of Philadelphia — also known as the Philadelphia Fed or the Philly Fed — headquartered at 10 Independence Mall in Philadelphia, Pennsylvania, is responsible for the Third District of the Federal Reserve, which covers ...
.
* Blue Chip Economic Indicators
Blue Chip Economic Indicators is a monthly survey and associated publication by Wolters Kluwer collecting macroeconomic forecasts related to the economy of the United States. The survey polls America's top business economists, collecting their f ...
References
External links
* {{official website, http://www.ecb.europa.eu/stats/prices/indic/forecast/html/index.en.html
Economy of Europe
Economic forecasting