Federal Reserve Bank of San Francisco: Macroeconomic Expectations and Cognitive Noise
September 10, 2024
September 10, 2024
SAN FRANCISCO, California, Sept. 10 (TNSres) -- The Federal Reserve Bank of San Francisco issued the following white paper (No. 2024-19) on June 14, 2024, entitled "Macroeconomic Expectations and Cognitive Noise". The white paper was written by Yeji Sung.
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Abstract
This paper examines forecast biases through cognitive noise, moving beyond the conventional view that frictions emerge solely from using external data. By extending Sims's (20 . . .
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Abstract
This paper examines forecast biases through cognitive noise, moving beyond the conventional view that frictions emerge solely from using external data. By extending Sims's (20 . . .