Cover IMF Working Papers
Incorporating Market Information into the Construction of the Fan Chart
Author: Mr. Prakash Kannan and Mr. Selim A Elekdaghttps://orcid.org/0000-0002-1234-4463
Series:
IMF Working Papers
Volume/Issue:
Volume 2009: Issue 178
Language:
English
Publication Date:
01 Aug 2009
DOI:
https://doi.org/10.5089/9781451873252.001
ISBN:
9781451873252
ISSN:
1018-5941
Pages:
21
Keywords:
WP; normal distribution; density function
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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This paper develops a simple procedure for incorporating market-based information into the construction of fan charts. Using the International Monetary Fund (IMF)'s global growth forecast as a working example, the paper goes through the theoretical and practical considerations of this new approach. The resulting spreadsheet, which implements the approach, is available upon request from the authors.
Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund