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countries? (2) How well do forecasters predict recessions? (3) Are forecasts efficient and unbiased? (4) How does private sector …? Two key results emerge. First, the record of failure to predict recessions is virtually unblemished. Second, there is high …
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investigate: (i) if rigidities are lower around turning points in the economy, such as in times of recessions and crises; (ii) if …
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Over several decades, the relative rise of consumer durables manufacturing and the relative decline of consumer nondurables manufacturing in the Fifth District may have hindered the region's ability to weather the recession of 2007-09. Decomposing the Fifth District Survey of Manufacturing...
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The Middle East and Central Asia’s economic growth potential is slowing faster than in other emerging and developing regions, dampening hopes for reducing persistent unemployment and improving the region’s generally low living standards. Why? And is it possible to alter this...
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