How Well Do Economists Forecast Recessions? /

We describe the evolution of forecasts in the run-up to recessions. The GDP forecasts cover 63 countries for the years 1992 to 2014. The main finding is that, while forecasters are generally aware that recession years will be different from other years, they miss the magnitude of the recession by a...

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Bibliografiske detaljer
Hovedforfatter: An, Zidong
Andre forfattere: Jalles, Joao Tovar, Loungani, Prakash
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2018.
Serier:IMF Working Papers; Working Paper ; No. 2018/039
Fag:
Online adgang:Full text available on IMF