Engelke, Carola; Heinisch, Katja; Schult, Christoph - 2019
institutions forecasting German GDP and the underlying assumptions. We explicitly control for different forecast horizons to proxy … the information available at the release date. Over 75% of squared errors of the GDP forecast comove with the squared … errors in their underlying assumptions. The root mean squared forecast error for GDP in our regression sample of 1.52% could …