search query: @author Smyth, D. / total: 4
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Author: | Ash, J. Smyth, D. Heravi, S. |
Title: | The accuracy of OECD forecasts of the international economy: balance of payments |
Journal: | Journal of International Money and Finance
1997 : DEC, VOL. 16:6, p. 969-988 |
Index terms: | OECD INTERNATIONAL ECONOMIC CONDITIONS |
Language: | eng |
Abstract: | This paper examines the accuracy of forecasts of the international economy made by the OECD. The large data set, comprising some 5500 pairs of forecasts and outcomes, includes one-, two-, and three-step ahead semi-annual forecasts of eight components of the balance of payments for the G7 economies over a 20-year period. There is considerable variation in the accuracy of these forecasts, claim the authors of the present article on the accuracy. |
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