Read Do Forecasters Believe in Okun's Law? an Assessment of Unemployment and Output Forecasts

Do Forecasters Believe in Okun's Law? an Assessment of Unemployment and Output Forecasts

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Description:This paper provides an assessment of the consistency of unemployment and output forecasts. We show that, consistent with Okun s Law, forecasts of real GDP growth and the change in unemployment are negatively correlated. The Okun coefficient the responsiveness of unemployment to growth from forecasts is fairly similar to that in the data for various countries. Furthermore, revisions to unemployment forecasts are negatively correlated with revisions to real GDP forecasts. These results are based on forecasts taken from Consensus Economics for nine advanced countries since 1989."We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Do Forecasters Believe in Okun's Law? an Assessment of Unemployment and Output Forecasts. To get started finding Do Forecasters Believe in Okun's Law? an Assessment of Unemployment and Output Forecasts, you are right to find our website which has a comprehensive collection of manuals listed.
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Pages: 20

Format: PDF, EPUB & Kindle Edition

Publisher: International Monetary Fund

Release: 2014

ISBN: 130647762X

Description: This paper provides an assessment of the consistency of unemployment and output forecasts. We show that, consistent with Okun s Law, forecasts of real GDP growth and the change in unemployment are negatively correlated. The Okun coefficient the responsiveness of unemployment to growth from forecasts is fairly similar to that in the data for various countries. Furthermore, revisions to unemployment forecasts are negatively correlated with revisions to real GDP forecasts. These results are based on forecasts taken from Consensus Economics for nine advanced countries since 1989."We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Do Forecasters Believe in Okun's Law? an Assessment of Unemployment and Output Forecasts. To get started finding Do Forecasters Believe in Okun's Law? an Assessment of Unemployment and Output Forecasts, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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Do Forecasters Believe in Okun's Law? an Assessment of Unemployment and Output Forecasts

Do Forecasters Believe in Okun's Law? an Assessment of Unemployment and Output Forecasts

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