Forecast processes and methodologies: results of the 2023 special survey - Survey conducted on the occasion of the 25th anniversary of the ECB SPF

Stock market development and familiarity (language and distance) are considered key determinants for home bias.

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ECBECB
URL: 
https://www.ecb.europa.eu//stats/ecb_surveys/survey_of_professional_forecasters/html/ecb.spf2024_specialsurvey~73dab0afb4.en.htmlhttps://www.ecb.europa.eu//stats/ecb_surveys/survey_of_professional_forecasters/html/ecb.spf2024_specialsurvey~73dab0afb4.en.html
Retrieved on: 
Thursday, April 18, 2024
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Reproduction, NAIRU, European Central Bank, Employment, Climate change, Uncertainty, Tax, PDF, Forecasting, Growth, National Institute Economic Review, Central bank, ECB, Unemployment, Shock, Travel, MRO, SPF, Participation, Bank, Social Research (journal), Policy, Artificial intelligence, Website, HICP, Chart, GDP, Weather, Elasticity, Recreation, Machine learning, Probability, ISSN, Management
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PHILLIPS, UKRAINE, GERMANY
Summary
Key Points: 
  • Stock market development and familiarity (language and distance) are considered key determinants for home bias.
  • The literature neglects however that investors often invest in foreign funds domiciled in financial centers.
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