A Post Mortem on OECD Short‑term Projections from 1982 to 1987
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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This paper reviews the accuracy of OECD projections over the 1982-1987 period. It is shown that, although the evolution of the economic climate was correctly projected, projection errors for economic activity and inflation varied significantly both through the period under consideration and between countries. But the average absolute error in GNP...
