• Media type: Report; E-Book
  • Title: Asian development outlook forecast accuracy 2007-2016
  • Contributor: Ferrarini, Benno [Author]
  • Published: Manila: Asian Development Bank (ADB), 2019
  • Language: English
  • DOI: https://doi.org/10.22617/WPS199903-2
  • Keywords: International Monetary Fund ; macroeconomic forecasts ; Asian Development Bank ; E17 ; E37 ; Asian Development Outlook ; World Economic Outlook
  • Origination:
  • Footnote: Diese Datenquelle enthält auch Bestandsnachweise, die nicht zu einem Volltext führen.
  • Description: This is done in relation to the benchmark of World Economic Outlook (WEO) projections by the International Monetary Fund. Amid much heterogeneity across countries and years, it has been found that ADO and WEO projections overlap quite closely. Both are inaccurate, especially during crisis years, suggesting that forecasters struggle to come up with reliable forecasts. Projections only sharpen when additional data and evidence become available over time and are incorporated during quarterly revisions.
  • Access State: Open Access
  • Rights information: Attribution (CC BY)