Research notes: comparison of top-down and bottom-up earnings forecasts.

Business Economics | July 1, 1992| | Copyright

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 ...

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