Other publications may include books, quarterly reviews, annual reports and economic bulletins from the ECB, PhD theses and Danmarks Nationalbank’s policies.

Financial stability and financial risks

Expert Forecasts of Bond Yields and Exchange Rates

Consensus forecasts, based on an average of forecasts by many experts, are often used as a measure of the market participants' expectations of future economic and financial developments. For selected yields and exchange rates the consensus forecasts have, on average, not been more accurate than the naïve alternative that the level of these yields and exchange rates would remain unchanged.