Robinzonov, Nikolay; Wohlrabe, Klaus - In: CESifo economic studies : CESifo, a joint initiative of … 56 (2010) 2, pp. 192-220
leading indicators and time series. In a case study for Germany, we forecast two possible representations of industrial … production. Further on we consider a large variety of time-varying specifications. In a horse race with nine leading indicators … predicting power compared with another. Nevertheless, the freedom of choice can be useful to identify robust leading indicators. …