Macrofinancial Causes of Optimism in Growth Forecasts /

We analyze the causes of the apparent bias towards optimism in growth forecasts underpinning the design of IMF-supported programs, which has been documented in the literature. We find that financial variables observable to forecasters are strong predictors of growth forecast errors. The greater the...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Carriere-Swallow, Yan
अन्य लेखक: Marzluf, Jose
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2021.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2021/275
विषय:
ऑनलाइन पहुंच:Full text available on IMF