We evaluate conditional predictive densities for U.S. output growth and inflation using a number of commonly used … when predicting inflation …

estimates for inflation forecasting both in the short term (one-quarter and one-year ahead) and the medium term (two-year and … measure appears superior to all others in all respects. - Output gap ; real-time data ; euro area ; inflation forecasts ; real …

involving U.S. inflation and GDP growth. Empirical results suggest that the number of change points is larger than previously …