Book(electronic)2011

Information Rigidity in Growth Forecasts

In: IMF Working Papers

Tamirisa, Natalia T.; Loungani, Prakash; Stekler, Herman O.

init.form.title.accessOptions

init.form.helpText.accessOptions

Checking availability at your location

Abstract

We document information rigidity in forecasts for real GDP growth in 46 countries over the past two decades. We investigate: (i) if rigidities are lower around turning points in the economy, such as in times of recessions and crises; (ii) if rigidities differ across countries, particularly between advanced countries and emerging markets; and (iii) how quickly forecasters incorporate news about growth in other countries into their growth forecasts, with a focus on how advanced countries' growth forecasts incorporate news about emerging market growth and vice versa

Report Issue

If you have problems with the access to a found title, you can use this form to contact us. You can also use this form to write to us if you have noticed any errors in the title display.