How Accurate Are Private Sector Forecasts : Cross-Country Evidence From Consensus Forecasts of Output Growth

Cross-Country Evidence From Consensus Forecasts of Output Growth

How Accurate Are Private Sector Forecasts : Cross-Country Evidence From Consensus Forecasts of Output Growth
This paper evaluates the performance of Consensus Forecasts of GDP growth for industrialized and developing countries from 1989 to 1998. The questions addressed are (1) How do forecast errors differ across industrialized and developing countries? (2) How well do forecasters predict recessions? (3) Are forecasts efficient and unbiased? (4) How... READ MORE...

Publication date: April 2000
ISBN 9781451849981
$15.00

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