Matches in SemOpenAlex for { <https://semopenalex.org/work/W3126086607> ?p ?o ?g. }
Showing items 1 to 77 of
77
with 100 items per page.
- W3126086607 abstract "Evidence suggests that long-term EPS growth forecasts of financial analysts are by and large optimistic. In particular, we test whether the Availability Heuristic (Tversky and Kahneman 1973) is descriptive of analysts’ forecasting behavior, and whether this heuristic can help explain the nature of optimism in growth forecasts. The Availability Heuristic predicts differential processing of information about current versus terminal economic conditions. Specifically, analysts’ forecasts will systematically underestimate (overestimate) growth in contraction (expansion) periods. Our results confirm this prediction. We find strong evidence of a negative association between past growth and realized forecast errors which varies across business cycles in a predictable manner. Following Chan et al (2003), we estimate a growth forecasting model, adjusting for the effects of the Availability Heuristic and business cycle. We find that under these conditions analysts’ long-term growth forecasts show significant explanatory power." @default.
- W3126086607 created "2021-02-01" @default.
- W3126086607 creator A5039197811 @default.
- W3126086607 creator A5043937783 @default.
- W3126086607 creator A5057682565 @default.
- W3126086607 date "2004-12-01" @default.
- W3126086607 modified "2023-09-23" @default.
- W3126086607 title "An Analysis of Financial Analysts Optimism in Long-term Growth Forecasts" @default.
- W3126086607 hasPublicationYear "2004" @default.
- W3126086607 type Work @default.
- W3126086607 sameAs 3126086607 @default.
- W3126086607 citedByCount "0" @default.
- W3126086607 crossrefType "posted-content" @default.
- W3126086607 hasAuthorship W3126086607A5039197811 @default.
- W3126086607 hasAuthorship W3126086607A5043937783 @default.
- W3126086607 hasAuthorship W3126086607A5057682565 @default.
- W3126086607 hasConcept C111472728 @default.
- W3126086607 hasConcept C120954023 @default.
- W3126086607 hasConcept C121332964 @default.
- W3126086607 hasConcept C138885662 @default.
- W3126086607 hasConcept C139719470 @default.
- W3126086607 hasConcept C149782125 @default.
- W3126086607 hasConcept C154945302 @default.
- W3126086607 hasConcept C15744967 @default.
- W3126086607 hasConcept C162324750 @default.
- W3126086607 hasConcept C173801870 @default.
- W3126086607 hasConcept C204017024 @default.
- W3126086607 hasConcept C2777402642 @default.
- W3126086607 hasConcept C2778136018 @default.
- W3126086607 hasConcept C41008148 @default.
- W3126086607 hasConcept C61797465 @default.
- W3126086607 hasConcept C62520636 @default.
- W3126086607 hasConcept C77805123 @default.
- W3126086607 hasConcept C83873408 @default.
- W3126086607 hasConceptScore W3126086607C111472728 @default.
- W3126086607 hasConceptScore W3126086607C120954023 @default.
- W3126086607 hasConceptScore W3126086607C121332964 @default.
- W3126086607 hasConceptScore W3126086607C138885662 @default.
- W3126086607 hasConceptScore W3126086607C139719470 @default.
- W3126086607 hasConceptScore W3126086607C149782125 @default.
- W3126086607 hasConceptScore W3126086607C154945302 @default.
- W3126086607 hasConceptScore W3126086607C15744967 @default.
- W3126086607 hasConceptScore W3126086607C162324750 @default.
- W3126086607 hasConceptScore W3126086607C173801870 @default.
- W3126086607 hasConceptScore W3126086607C204017024 @default.
- W3126086607 hasConceptScore W3126086607C2777402642 @default.
- W3126086607 hasConceptScore W3126086607C2778136018 @default.
- W3126086607 hasConceptScore W3126086607C41008148 @default.
- W3126086607 hasConceptScore W3126086607C61797465 @default.
- W3126086607 hasConceptScore W3126086607C62520636 @default.
- W3126086607 hasConceptScore W3126086607C77805123 @default.
- W3126086607 hasConceptScore W3126086607C83873408 @default.
- W3126086607 hasOpenAccess W3126086607 @default.
- W3126086607 hasRelatedWork W150337918 @default.
- W3126086607 hasRelatedWork W1506983033 @default.
- W3126086607 hasRelatedWork W1510455204 @default.
- W3126086607 hasRelatedWork W2074093663 @default.
- W3126086607 hasRelatedWork W2090037110 @default.
- W3126086607 hasRelatedWork W2096706783 @default.
- W3126086607 hasRelatedWork W2103212709 @default.
- W3126086607 hasRelatedWork W2161078901 @default.
- W3126086607 hasRelatedWork W2163233340 @default.
- W3126086607 hasRelatedWork W2177328942 @default.
- W3126086607 hasRelatedWork W2306808302 @default.
- W3126086607 hasRelatedWork W2340052480 @default.
- W3126086607 hasRelatedWork W2803575865 @default.
- W3126086607 hasRelatedWork W2913665786 @default.
- W3126086607 hasRelatedWork W3110212099 @default.
- W3126086607 hasRelatedWork W3110939825 @default.
- W3126086607 hasRelatedWork W3121282454 @default.
- W3126086607 hasRelatedWork W3213709434 @default.
- W3126086607 hasRelatedWork W97247249 @default.
- W3126086607 hasRelatedWork W2228623821 @default.
- W3126086607 isParatext "false" @default.
- W3126086607 isRetracted "false" @default.
- W3126086607 magId "3126086607" @default.
- W3126086607 workType "article" @default.