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) A...

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Bibliographic Details
Main Author: Loungani, Prakash
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2000.
Series:IMF Working Papers; Working Paper ; No. 2000/077
Online Access:Full text available on IMF