Are Price Expectations Normally Distributed?
作者:
JohnA. Carlson,
期刊:
Journal of the American Statistical Association
(Taylor Available online 1975)
卷期:
Volume 70,
issue 352
页码: 749-754
ISSN:0162-1459
年代: 1975
DOI:10.1080/01621459.1975.10480299
出版商: Taylor & Francis Group
数据来源: Taylor
摘要:
Livingston survey data from 1958 to 1971 are used to test the hypothesis that price expectations are normally distributed across the respondents to each survey. If the forecasts of the CPI and WPI are grouped around integers, chi-square tests indicate that normality is not a bad hypothesis. On balance, however, the sample distributions are skewed to the right and more peaked than the normal. Other distributions were therefore tried and even better fits obtained with a scaled logt-distribution.
点击下载:
PDF (637KB)
返 回