This paper assesses the OECD’s projections for GDP growth and inflation during the global financial crisis and recovery, focussing on lessons that can be learned. The projections repeatedly over-estimated growth, failing to anticipate the extent of the slowdown and later the weak pace of the...

We seek to determine whether a United States President's job approval rating is influenced by the Misery Index. This hypothesis is examined in two ways. First, we employ a nonlinear model that includes several macroeconomic variables: the current account deficit, exchange rate, unemployment,...

This study adopts a dynamic approach to compute the level of economic distress in Nigeria. Quarterly series from 2002Q1 to 2016Q4 were utilized in computing the index. Leveraging on the expectations-augmented Phillips curve and Okun’s law, the results obtained indicate a minimum and maximum...

This paper develops a new index of economic uncertainty for South Africa for the period 1990-2014 and analyses the macroeconomic impact of changes in this measure. The index is constructed from three sources: (1) Disagreement among professional forecasters about macroeconomic conditions using...

Nach den Umfrageergebnissen des 74. Konjunkturtests International (KTI) hat sich der seit dem Frühjahr 2000 rückläufige Trend des Weltwirtschaftsklimas im Oktober 2001 verstärkt fortgesetzt. Der Indikator hat seit seinem Höhepunkt im April 2000 rund 40% seines Wertes verloren und damit...

Nach den Umfrageergebnissen des 74. Konjunkturtests International (KTI) hat sich der seit dem Frühjahr 2000 rückläufige Trend des Weltwirtschaftsklimas im Oktober 2001 verstärkt fortgesetzt. Der Indikator hat seit seinem Höhepunkt im April 2000 rund 40% seines Wertes verloren und damit...

Artículo de revista ; The economic recovery in Latin America appears to have firmed in the second half of the year, having come to a halt in practically all the countries in Q2 owing to the unfavourable course of the pandemic. This has led in recent months to an across-the-board upward revision...

Titulo del editorial: Inflationary risks and economic policy normalisation

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