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Article: Research notes: comparison of top-down and bottom-up earnings forecasts.
- Article from:
- Business Economics
- Article date:
- July 1, 1992
- Author:
CopyrightCOPYRIGHT 1992 The National Association for Business Economists. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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IN AN EARLIER PAPER, "Business Economists, Forecasting, and Markets," I presented an analysis of business economists' forecasts of GNP, inflation, interest rates, and profits. The purpose of the analysis was to provide some perspective on the role our profession can and should play in contributing to effective business decisions; some suggestions for improving our performance and communications were also included.
The editor was more than generous in his allocation of space to the paper, but even so many of the exhibits could not be included. One specific set of charts related to earnings forecasts were thought to be of interest, and an updated version ...