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

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

for should be taken as a lower bound, results show a better WBM forecasting ability than the benchmark case and confirm …. Finally, we show that the (unrealistic) use of revised data leads to a systematic overstatement of model forecasting …

predict the US monthly unemployment rate. We perform a deep out-of-sample forecasting comparison analyzing many models that …

inflation, which was unaccounted for in forecasting models. We probe this explanation in the context of a simple backward …

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 …

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 …

forecasting ability of the model in real-time is compared with that of standard VARs and of daily quotes of economic derivatives …