Front Matter Page
Research Department
Contents
I. Introduction
II. Empirical Model and Data
III. Empirical Results
A. Panel Estimation Results
B. Panel versus Country-Specific Forecasts: In-sample and Out-of-Sample Results
C. Comparison with WEO Forecasts
IV. Conclusion
References
Appendix
Table 1. Summary Statistics
Table 2. Panel Regression Results: All Countries
Table 3. Panel Regression Results: Advanced Economies
Table 4. Panel Regression Results: Advanced Economies Subsample with Bond Yields
Table 5. Panel Regression Results: Emerging Markets
Table 6. Panel Regression Results: Low-Income Countries
Table 7. Comparing Panel and Individual Country Model Performance: Advanced Economies
Table 8. Comparing Panel and Individual Country Model Performance: Emerging Markets
Table 9. Comparing WEO Forecasts with Simple Financial Model
Table 10. Comparing WEO Forecasts with Expanded Financial Model