A new research by Iris Claus and Leo Krippner associated with the International Monetary Fund's Institute for Capacity Development and IMF–Singapore Regional Training Institute, alongside SMU’s Sim Kee Boon Institute, the University of Waikato and the Centre for Applied Macroeconomic Analysis at the Australian National University, constructs standardised measures of macroeconomic shocks and uncertainty across 14 economies. The research offers policymakers a framework for answering that question by tracking how professional forecasts for growth and inflation change in real time.
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