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 output l...

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Detalles Bibliográficos
Autor Principal: Bluedorn, John
Outros autores: Leigh, Daniel
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2018.
Series:IMF Working Papers; Working Paper ; No. 2018/163
Acceso en liña:Full text available on IMF