Can the IMF's Medium-Term Growth Projections Be Improved?

Can the IMF's Medium-Term Growth Projections Be Improved?
Numerous reports have noted that the IMF's medium-term growth projections are overly optimistic, raising questions as to how these can be improved. To this end, we estimate a growth model and examine its out-of-sample forecasting properties relative to those of IMF projections. The model's projections outperform those of the IMF in all regions... READ MORE...

Publication date: October 2004
ISBN 9781451874488
$15.00

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