An approach for assessing uncertainty and the balance of risks : constructing a fan chart for real GDP growth forecasts / [prepared by Chris Matier].: YN5-136/2010E-PDF
"Economic forecasts presented in the Government’s budgets and fiscal updates provide a single or ‘point’ forecast, which represents only one possible future outcome. Different economic outcomes – with varying degrees of probability – are of course possible. Although it is not possible to know, with certainty, the distribution of these future outcomes, it is nonetheless useful to illustrate the uncertainty surrounding a baseline economic forecast to enhance discussion about risks to the economic outlook and to help policymakers gauge the likelihood of possible economic scenarios"--Key Points, p. ii.
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| Title | An approach for assessing uncertainty and the balance of risks : constructing a fan chart for real GDP growth forecasts / [prepared by Chris Matier]. |
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| Publication type | Monograph |
| Language | [English] |
| Other language editions | [French] |
| Format | Digital text |
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| Description | iii, 8 p. : col. charts. |
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