empirical application for the Italian quarterly GDP the short-term forecasting performance is evaluated against other mixed …

forecasting inflation, while the BVARX model fares better in forecasting …

reverse yield gap, the credit quality spread) for fore-casting real economic activity and inflation in the euro area. A … quarterly Bayesian vector autoregression model is used to assess the marginal forecasting power of financial spreads for real …

on the state of the Italian economy in the 1990s, taking as a benchmark the forecasting errors generated by the quarterly … forecasting errors in monetary and real variables, thereby taking into account links that may not be accounted for by the modelï …

and forecasting the global outlook. Our main results are that (i) the rise of the emerging countries has sharply altered … the correlation of growth rates among the main economic areas; (ii) this is clearly detectable in forecasting equations as …

In this paper we explore the performance of bridge and factor models in forecasting quarterly aggregates in the very … targeted predictors using data reduction techniques as in Bai and Ng (2008). We then compare a Diffusion Index forecasting … these techniques to forecasting Italian GDP growth and its main components from the demand side and find that Bridge models …