Showing 1 - 8 of 8
This paper proposes an informal taxonomy to break down forecast errors of institutional forecasts. This breakdown is demonstrated for the forecasts of the Oesterreichische Nationalbank (OeNB) for Austrian GDP. The main result is that the largest part of the forecast errors can be explained by...
Persistent link: https://www.econbiz.de/10010727690
Austria. Static and dynamic correlation measures show a strong comovement and a change of the relative position in time of … these two economies. The transmission of German shocks to Austria is analysed with a two-country VAR model. Using sign …
Persistent link: https://www.econbiz.de/10010727746
Nationalbank for Austria. The model is a small to medium size macroeconomic model. It is in the tradition of the neoclassical …
Persistent link: https://www.econbiz.de/10010727820
U.S. economic growth has been gaining momentum, with the annualized growth rate of real GDP reaching 3.1% in the fourth quarter of 2010. Factoring in this good performance, the IMF has revised upward its economic outlook for 2011 by 0.7 percentage points to 3.0%. At the same time, the labor...
Persistent link: https://www.econbiz.de/10010734208
While Japan’s economy is showing the first signs of a hesitant recovery, the upturn already gained a foothold in the U.S. economy in the second half of 2011 on the back of robust domestic demand. Conditions in the labor market relaxed perceptibly, while the real estate market is still...
Persistent link: https://www.econbiz.de/10010734214
Nationalbank for Austria. The model is a small to medium size macroeconomic model. It is in the tradition of the neoclassical …
Persistent link: https://www.econbiz.de/10005627572
Austria. Static and dynamic correlation measures show a strong comovement and a change of the relative position in time of … these two economies. The transmission of German shocks to Austria is analysed with a two-country VAR model. Using sign …
Persistent link: https://www.econbiz.de/10005627575
This paper proposes an informal taxonomy to break down forecast errors of institutional forecasts. This breakdown is demonstrated for the forecasts of the Oesterreichische Nationalbank (OeNB) for Austrian GDP. The main result is that the largest part of the forecast errors can be explained by...
Persistent link: https://www.econbiz.de/10005627585