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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Detalles Bibliográficos
Autor principal: An, Zidong
Otros Autores: Jalles, Joao Tovar, Loungani, Prakash
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2018.
Colección:IMF Working Papers; Working Paper ; No. 2018/039
Materias:
Acceso en línea:Full text available on IMF