@article{Investment:4250,
      recid = {4250},
      author = {O'Reilly, Brian},
      title = {Two Canadian Investment Outlook Surveys: An Overview and a  Review},
      publisher = {Bank of Canada},
      address = {1980},
      pages = {1 online resource (ii, 82 pages)},
      abstract = {In this report the author studies the forecasting  performances of Statistics Canada's Private and Public  Investment Survey and the Industry, Trade and Commerce  Large Corporation Investment Survey. The aims are to  discern any effects of systematic biases and to find  evidence of a link between the forecasts and final outturns  of both surveys and the actual evolution of aggregate  economic activity. In order to do this, various descriptive  statistics including regression results, all based on  growth rates calculated from the survey data, are presented  and analyzed for different subperiods. The results suggest  that certain systematic deviations between investment  intentions reported by survey participants and final  investment outturns do exist at each of the various stages  of both surveys. In addition, with respect to the  Statistics Canada survey, there appears to be some  relationship between these biases and the cyclical stages  of economic activity.},
      url = {http://www.oar-rao.bank-banque-canada.ca/record/4250},
      doi = {https://doi.org/10.34989/tr-21},
}