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...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Beaudry, Paul
Muut tekijät: Willems, Tim
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2018.
Sarja:IMF Working Papers; Working Paper ; No. 2018/122
Aiheet:
Linkit:Full text available on IMF

Samankaltaisia teoksia