Döpke, Jörg; Fritsche, Ulrich; Siliverstovs, Boriss - In: OECD Journal: Journal of Business Cycle Measurement and … 2010 (2010) 1, pp. 1-18
Based on annual data for growth and inflation forecasts for Germany covering the 1970-2007 period and up to 17 different forecasts per year, we test for a possible asymmetry of the forecasters’ loss function and estimate the degree of asymmetry for each forecasting institution using the...