12
NOV
2024
14:15
- 15:45
IWH Research Seminar
Do Local Forecasters Have Better Information?
Who
Kenza Benhima
(HEC Paris)
Where
IWH, conference room and via Zoom
Using inflation and GDP growth forecasts by professional forecasters for a panel of emerging and advanced economies, we provide direct evidence that foreign forecasters update their forecasts less frequently than local forecasters (about 10% less frequently) and make larger errors in absolute value (up to 9% larger).
