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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Detalhes bibliográficos
Autor principal: An, Zidong
Outros Autores: Jalles, Joao Tovar, Loungani, Prakash
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2018.
Colecção:IMF Working Papers; Working Paper ; No. 2018/039
Assuntos:
Acesso em linha:Full text available on IMF