Turner, David; Chalaux, Thomas; Morgavi, Hermes - 2018
This paper describes a method for parameterising fan charts around GDP growth forecasts of the major OECD economies as … well as the aggregate OECD. The degree of uncertainty – reflecting the overall spread of the fan chart – is based on past … horizons, a tight labour market and rapid growth in OECD-wide (or in some cases euro-wide) house prices, share prices or credit …