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Macrofinancial Causes of Optimism in Growth Forecasts

We analyze the causes of the apparent bias toward 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 e...

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Detalles Bibliográficos
Autores principales:	Carrière-Swallow, Yan, Marzluf, José
Formato:	Online Artículo Texto
Lenguaje:	English
Publicado:	Palgrave Macmillan UK 2022
Materias:	Research Article
Acceso en línea:	https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9440468/ http://dx.doi.org/10.1057/s41308-022-00187-3

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