The Rationality of USDA Forecasts under Multivariate Asymmetric Loss
A large number of previous studies suggest that many USDA forecasts are biased and/or inefficient. These findings, however, may be the result of the assumed loss function of USDA forecasters. We test the rationality of the USDA net cash income forecasts and the WASDE production and price forecasts b...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
John Wiley and Sons Inc
2021
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| Subjects: | |
| Online Access: | View Fulltext in Publisher |