Is the cycle the trend? Evidence from the views of international forecasters
"We revisit the conventional view that output fluctuates around a stable trend by analyzing professional long-term forecasts for 38 advanced and emerging market economies. If transitory deviations around a trend dominate output fluctuations, then forecasters should not change their long-term ou...
Main Authors: | Bluedorn, John C., Leigh, Daniel |
---|---|
Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Washington, DC
2018
IMF |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19301726124911299089-is-the-cycle-the-trend?-eviden.htm |
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