Incorporating Market Information into the Construction of the Fan Chart

22 Pages Posted: 17 Sep 2009

See all articles by Prakash Kannan

Prakash Kannan

International Monetary Fund (IMF)

Selim Ali Elekdag

International Monetary Fund (IMF) - Policy Development and Review Department

Date Written: August 2009

Abstract

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.

Keywords: Data analysis, Economic forecasting, Economic growth, Economic models, Forecasting models, Markets, World Economic Outlook

Suggested Citation

Kannan, Prakash and Elekdag, Selim Ali, Incorporating Market Information into the Construction of the Fan Chart (August 2009). IMF Working Papers, Vol. , pp. 1-21, 2009. Available at SSRN: https://ssrn.com/abstract=1474586

Prakash Kannan

International Monetary Fund (IMF) ( email )

700 19th Street NW
Washington, DC 20431
United States
(202)623-8806 (Phone)

Selim Ali Elekdag

International Monetary Fund (IMF) - Policy Development and Review Department ( email )

700 19th St. NW
Washington, DC 20431
United States

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