๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

The contribution made by rationalizer-metrologists

โœ Scribed by V. P. Pudlovskii


Book ID
112413457
Publisher
Springer US
Year
1974
Tongue
English
Weight
273 KB
Volume
17
Category
Article
ISSN
0543-1972

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We investigate the rationality of forecast revisions made by the IMF and the OECD over the past three decades. We find that 60% of real-GDP forecast series and 37% of GDP-deflator forecast series are consistent with rationality. Forecast smoothing is found in real-GDP forecasts.