Dreher, Axel; Marchesi, Silvia; Vreeland, James Raymond - 2021
economic forecasts. We find a systematic bias in growth and inflation forecasts. Our results indicate that countries voting in … line with the US in the UN General Assembly receive lower inflation forecasts. As the US is the Fund's major shareholder … find inflation forecasts are systematically biased downwards for countries with greater IMF loans outstanding relative to …