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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| Department/Agency | Canada. Office of the Parliamentary Budget Officer. |
|---|---|
| Title | An approach for assessing uncertainty and the balance of risks : constructing a fan chart for real GDP growth forecasts / [prepared by Chris Matier]. |
| Variant title | Constructing a fan chart for real GDP growth forecasts |
| Publication type | Monograph |
| Language | [English] |
| Other language editions | [French] |
| Format | Electronic |
| Electronic document | |
| Note(s) | Issued also in French under title: Une approche pour évaluer l’incertitude et la résultante des risques : élaboration d’un graphique en éventail pour les prévisions de la croissance du PIB réel. "August 30, 2010." Includes bibliographic references. |
| Publishing information | Ottawa : Office of the Parliamentary Budget Officer, 2010. |
| Author / Contributor | Matier, Chris. |
| Description | iii, 8 p. : col. charts. |
| Catalogue number |
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| Subject terms | Gross domestic product Economic forecasting |
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