Asian development outlook forecast accuracy 2007-2016

Arbeitspapier

This is done in relation to the benchmark of World Economic Outlook (WEO) projections by the International Monetary Fund. Amid much heterogeneity across countries and years, it has been found that ADO and WEO projections overlap quite closely. Both are inaccurate, especially during crisis years, suggesting that forecasters struggle to come up with reliable forecasts. Projections only sharpen when additional data and evidence become available over time and are incorporated during quarterly revisions.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ADB Economics Working Paper Series ; No. 568

Classification and Topics

• Classification: Wirtschaft ; General Aggregative Models: Forecasting and Simulation: Models and Applications ; Prices, Business Fluctuations, and Cycles: Forecasting and Simulation: Models and Applications
• Subject: Asian Development Bank ; Asian Development Outlook ; International Monetary Fund ; macroeconomic forecasts ; World Economic Outlook

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Ferrarini, Benno
• Event: Veröffentlichung
• (who): Asian Development Bank (ADB)
• (where): Manila
• (when): 2019

Further information

• DOI: doi:10.22617/WPS199903-2
• Handle: http://hdl.handle.net/10419/203410
• Last update: 10.03.2025, 11:43 AM CET