Bondt, Gabe J. de; Hahn, Elke; Zekaite, Zivile - 2018
This paper develops Area-wide Leading Inflation CyclE (ALICE) indicators for euro area headline and core inflation with … quantitative forecast accurracy, the headline ALICE has on average performed broadly similarly to the Euro Zone Barometer survey …, slightly worse than the Eurosystem/ECB Staff macroeconomic projections and better than the Random Walk model, albeit this is …