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...

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Bibliographic Details
Main Author: Zalduendo, Juan
Other Authors: Batista, Catia
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2004.
Series:IMF Working Papers; Working Paper ; No. 2004/203
Online Access:Full text available on IMF