Artículo de revista
Empirical analysis of systematic errors in chilean GDP forecasts
Fecha
2001Registro en:
Journal of Forecasting 20 (1); 37-45, jan 2001
1099-131X
Autor
Chumacero Escudero, Rómulo
Institución
Resumen
This paper presents a statistical comparison between the actual and predicted
evolution of the Chilean GDP for the period 0875Ð0887 made by several
forecasters[ We show that the forecasters systematically underestimate the
true growth rate of the economy[ The magnitude of this bias tends to be
correlated with the phase of the business cycle.