On the Macroeconomic Consequences of Over-Optimism /
Is over-optimism about a country's future growth perspective good for an economy, or does over-optimism also come with costs? In this paper we provide evidence that recessions, fiscal problems, as well as Balance of Payment-difficulties are more likely to arise in countries where past growth ex...
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| Formato: | Periódico |
| Idioma: | English |
| Publicado em: |
Washington, D.C. :
International Monetary Fund,
2018.
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| Colecção: | IMF Working Papers; Working Paper ;
No. 2018/122 |
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| Acesso em linha: | Full text available on IMF |