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...
| Autor principal: | |
|---|---|
| Altres autors: | |
| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2021.
|
| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2021/275 |
| Matèries: | |
| Accés en línia: | Full text available on IMF |