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Forecasting Uses of Anticipatory Data on Investment and Sales

F. Modigliani and H. M. Weingartner
The Quarterly Journal of Economics
Vol. 72, No. 1 (Feb., 1958), pp. 23-54
Published by: Oxford University Press
Stable URL: http://www.jstor.org/stable/1884188
Page Count: 32
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Forecasting Uses of Anticipatory Data on Investment and Sales
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Abstract

I. Introduction, 23; purpose of the analysis, 23; nature of the data, 25.--II. Direct forecasting value of the anticipatory data, 26; capital outlay plans, 26; sales anticipations, 34.--III. Errors of sales anticipations and the realization of investment plans--an example of the realization function approach, 36; statement of the problem, 36; formulation of the model, 39; empirical results, 43; some analytical implications, 47; some forecasting implications, 50.--Appendix, 53.

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