Information Rigidities : Comparing Average and Individual Forecasts for a Large International Panel /

We study forecasts for real GDP growth using a large panel of individual forecasts from 36 advanced and emerging economies during 1989-2010. We show that the degree of information rigidity in average forecasts is substantially higher than that in individual forecasts. Individual level forecasts are...

Description complète

Détails bibliographiques
Auteur principal: Dovern, Jonas
Autres auteurs: Fritsche, Ulrich, Loungani, Prakash, Tamirisa, Natalia
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2014.
Collection:IMF Working Papers; Working Paper ; No. 2014/031
Sujets:
Accès en ligne:Full text available on IMF