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Da Silva, E. and Da Silva, S. (2015) Anchoring Heuristic Messes with Inflation Targeting. Open Access Library Journal, 2, 1-10. https://doi.org/10.4236/oalib.1101450

has been cited by the following article:

• TITLE: Inflation Forecasting: Rewarding Luck Rather Than Skill?

  AUTHORS: Sergio Da Silva, Raul Matsushita, Geziel Fernández

  KEYWORDS: Inflation Forecasting, Professional Forecasters, Central Banks, Luck

  JOURNAL NAME: Open Access Library Journal, Vol.6 No.10, October 16, 2019

  ABSTRACT: The Central Bank of Brazil annually rewards the top 5 private forecasters of the long run price index “aiming at improving their predictive ability.” We review the The Central Bank of Brazil annually rewards the top 5 private forecasters of the long run price index “aiming at improving their predictive ability.” We review the evidence of their performance and cannot reject the hypothesis that the forecasters enter the top 5 list randomly.evidence of their performance and cannot reject the hypothesis that the forecasters enter the top 5 list randomly.