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World Overview

Published online by Cambridge University Press:  01 January 2020

Graham Hacche ,
Simon Kirby ,
Iana Liadze ,
Jack Meaning ,
Kanya Paramaguru ,
Miguel Sánchez-Martínez  and
James Warren
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Abstract

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Type
The World Economy
Information
National Institute Economic Review , Volume 230 , November 2014 , pp. F9 - F12
Copyright
Copyright © 2014 National Institute of Economic and Social Research

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Footnotes

We would like to thank Tatiana Fic and Jonathan Portes for helpful comments and discussion. The forecast was completed on 24 October, 2014. Exchange rate, interest rates and equity price assumptions are based on information available to 15 October 2014. Unless otherwise specified, the source of all data reported in tables and figures is the NiGEM database and NIESR forecast baseline.

References

Note

1 The case for patience has been made, for example, by Chicago Fed President Charles Evans, ‘Patience is a Virtue When Normalizing Monetary Policy’, 24 September, 2014: http://www.chicagofed.org/digital_assets/publications/speeches/2014/chicago-fed-patience-monetary-policy-charles-evans-09252014-print.pdf