Testing the rationality of forecast revisions made by the IMF and the OECD
Masahiro Ashiya ()
Journal of Forecasting, 2006, vol. 25, issue 1, 25-36
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. Copyright © 2006 John Wiley & Sons, Ltd.
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (11) Track citations by RSS feed
Downloads: (external link)
http://hdl.handle.net/10.1002/for.979 Link to full text; subscription required (text/html)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:jof:jforec:v:25:y:2006:i:1:p:25-36
Access Statistics for this article
Journal of Forecasting is currently edited by Derek W. Bunn
More articles in Journal of Forecasting from John Wiley & Sons, Ltd.
Series data maintained by Wiley-Blackwell Digital Licensing ().