Rationality of insurance firms' forecasts: Results of unbiasedness and efficiency tests

Many applied studies have tried to test the implications of rational expectations hypothesis on survey data. This study provides evidence on the rationality of economic forecasts made by insurance firms in a developing economy-Malaysia. Our unbiasedness test results suggest than anticipated gross re...

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Bibliographic Details
Main Author: Habibullah, Muzafar Shah
Format: Article
Language:English
Published: Universiti Utara Malaysia
Subjects:
Online Access:http://repo.uum.edu.my/493/1/Muzafar_Shah_Habibullah.pdf
http://repo.uum.edu.my/493/
http://mmj.uum.edu.my
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