IMF Research Bulletin, March 2010

IMF Research Bulletin, March 2010
This paper provides a brief overview of the latest research on the ability of forecasters to predict recessions. The paper highlights that few recessions have been forecast before their onset. Forecasters tend to be excessively cautious and do not revise their forecasts promptly and sufficiently to reflect incoming news. Nor do they fully take... READ MORE...

Publication date: February 2010
ISBN 9781455291625
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