Information Rigidity in Growth Forecasts : Some Cross-Country Evidence /

We document information rigidity in forecasts for real GDP growth in 46 countries over the past two decades. We investigate: (i) if rigidities are lower around turning points in the economy, such as in times of recessions and crises; (ii) if rigidities differ across countries, particularly between a...

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Bibliographic Details
Main Author: Tamirisa, Natalia
Other Authors: Loungani, Prakash, Stekler, Herman
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2011.
Series:IMF Working Papers; Working Paper ; No. 2011/125
Online Access:Full text available on IMF