 | Authorities' Fiscal Forecasts in Latin America: Are They Optimistic? Author/Editor: Metodij Hadzi-Vaskov, Luca A Ricci, Alejandro M Werner, Rene Zamarripa. Release Date:June, 2021 Do governments in Latin America tend to be optimistic when preparing budgetary projections? We address this question by constructing a novel dataset of the authorities' fiscal forecasts in six Latin more...
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| Patterns in IMF Growth Forecast Revisions: A Panel Study at Multiple Horizons Author/Editor: Metodij Hadzi-Vaskov, Luca A Ricci, Alejandro Mariano Werner, Rene Zamarripa. Release Date:May, 2021 This paper investigates the performance of the IMF WEO growth forecast revisions across different horizons and country groups. We find that: (i) growth revisions in horizons closer to the actual are more...
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