Growth.

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Bibliographic Details
Author / Creator:	Ho, Giang.
Imprint:	Washington : International Monetary Fund, 2014.
Description:	1 online resource (28 pages)
Language:	English
Series:	IMF Working Papers ; v. Working Paper No. 14/117 IMF Working Papers.
Subject:	Economic development -- Forecasting. Economic development -- Econometric models. International economic relations. Economic development -- Econometric models. Economic development -- Forecasting. International economic relations.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12503156

Hidden Bibliographic Details
Other authors / contributors:	Mauro, Paolo.
ISBN:	9781498327169 1498327168
Notes:	Print version record.
Summary:	Forecasters often predict continued rapid economic growth into the medium and long term for countries that have recently experienced strong growth. Using long-term forecasts of economic growth from the IMF/World Bank staff Debt Sustainability Analyses for a panel of countries, we show that the baseline forecasts are more optimistic than warranted by past international growth experience. Further, by comparing the IMFâ??s World Economic Outlook forecasts with actual growth outcomes, we show that optimism bias is greater the longer the forecast horizon.
Other form:	Print version: Ho, Giang. Growth: Now and Forever? Washington : International Monetary Fund, ©2014 9781498309820

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