Ulan, Michael; Dewald, William G.; Bullard, James B. - Federal Reserve Bank of St. Louis - 1994
In this paper, we evaluate the accuracy of the U.S. Treasury Department forecasts of real growth and inflation from 1976 to 1990 for the Group of Seven (G-7) economies. The accuracy of these forecasts is measured against the standard of actual real world growth and inflation as subsequently...
