Empirical analysis of systematic errors in chilean GDP forecasts
Author
dc.contributor.author
Chumacero Escudero, Rómulo
Admission date
dc.date.accessioned
2017-12-28T18:39:15Z
Available date
dc.date.available
2017-12-28T18:39:15Z
Publication date
dc.date.issued
2001
Cita de ítem
dc.identifier.citation
Journal of Forecasting 20 (1); 37-45, jan 2001
es_ES
Identifier
dc.identifier.issn
1099-131X
Identifier
dc.identifier.uri
https://repositorio.uchile.cl/handle/2250/146356
Abstract
dc.description.abstract
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.