Showing 1 - 10 of 1,920
growth forecasts and new methodological insights, this paper finds that: consensus forecasts are inefficient as predicted … adjustment reduces forecast errors by 5 percent. Similar results are found using US nominal GDP forecasts. The paper also …
Persistent link: https://www.econbiz.de/10008646415
Persistent link: https://www.econbiz.de/10011607987
We document information rigidity in forecasts for real GDP growth in 46 countries over the past two decades. We investigate: (i) if rigidities are lower around turning points in the economy, such as in times of recessions and crises; (ii) if rigidities differ across countries, particularly...
Persistent link: https://www.econbiz.de/10009151222
-of-sample forecasting exercise, we find that the indicators generally produce good GDP growth forecasts relative to a range of time series …
Persistent link: https://www.econbiz.de/10008876579
significant effect on the dependent variable. That assumption is not justified in its generality, and this paper develops two …
Persistent link: https://www.econbiz.de/10005604863
the possible existence of what has been labeled an "aid Laffer curve." This short paper highlights the model's weaknesses …
Persistent link: https://www.econbiz.de/10005604870
Purpose – The purpose of this paper is to test the hypothesis that, given the financial development of an economy …
Persistent link: https://www.econbiz.de/10005081180
Purpose – This paper tests the hypothesis that more information via higher levels of diffusion of ICT: a non … infrastructure given its beneficial welfare effects. Originality/value – The paper examines the effect of ICT on well being. …
Persistent link: https://www.econbiz.de/10005081334
Purpose – The purpose of this paper is to examine the extent to which information technology (IT) and human capital … significant short-run effect on real growth. Originality/value – The paper is of value by demonstrating that efforts to invigorate …
Persistent link: https://www.econbiz.de/10005008711
This paper studies the impact of information and communication technologies (ICT), especially mobile phone rollout, on …
Persistent link: https://www.econbiz.de/10009019587