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02284cas a2200241 a 4500 |
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AALejournalIMF010187 |
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|c 50.00 USD
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|z 9781451943672
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|a 0258-7440
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a World Econonomic and Financial Surveys, 1988 :
|b Staff Studies for World Economic Outlook.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1988.
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| 300 |
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|a 1 online resource (113 pages)
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|a World Economic and Financial Surveys
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper examines the World Economic Outlook forecasting record for the principal performance indicators for the major industrial countries and corresponding aggregates and for groups of non-oil developing countries. Several criteria were used in evaluating the forecasts: the computation and evaluation of various summary statistics of forecast accuracy, bias, and efficiency; comparisons with alternative forecasts-naive forecasts and forecasts produced by the Organization for Economic Cooperation and Development (OECD) and by national forecasting agencies; the examination of turning-point errors and forecast performance in defined episodes; and, finally, some attempt to explain forecast error in terms of unanticipated developments in policy variables and oil prices. In judging the forecast performance of the World Economic Outlook, a number of points must be kept in mind. Most important, it has to be recognized that the period since the inception of the World Economic Outlook as a regular forecasting exercise has been extraordinarily rich in economic upheavals, which have made the odds against accurate forecasting formidable.
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|a Mode of access: Internet
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|a World Economic and Financial Surveys; World Economic and Financial Surveys ;
|v No. 1988/001
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/books/083/14524-9781451943672-en/14524-9781451943672-en-book.xml
|z IMF e-Library
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