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You CAN Carlson-Parkin

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  • Müller, Christian

Abstract

The median value of realized changes for surveyed firms expecting "no change" is zero. I suggest to modify the Carlson-Parkin procedure using this conditional absolute null (CAN) regularity. The adjustment solves the zero response problem and improves the variance estimates.

Suggested Citation

  • Müller, Christian, 2010. "You CAN Carlson-Parkin," Economics Letters, Elsevier, vol. 108(1), pages 33-35, July.
    • Handle: RePEc:eee:ecolet:v:108:y:2010:i:1:p:33-35
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    References listed on IDEAS

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    1. Carlson, John A & Parkin, J Michael, 1975. "Inflation Expectations," Economica, London School of Economics and Political Science, vol. 42(166), pages 123-138, May.
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    Cited by:

    1. Breitung, Jörg & Schmeling, Maik, 2013. "Quantifying survey expectations: What’s wrong with the probability approach?," International Journal of Forecasting, Elsevier, vol. 29(1), pages 142-154.

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    Keywords

    Quantification Survey data;

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