forecasting euro area manufacturing production. Following Boivin and Ng (2006), the emphasis is put on the role of dataset …

content and its potential use for fiscal forecasting and monitoring purposes. The models are estimated with annual and …

real GDP growth based on monthly indicators, such as industrial production, retail sales and confidence surveys. An …

forecasting power of these models for the Japanese economy. In this paper, we aim at assessing the relative performance of factor …. For most of the components, we report that factor models yield lower forecasting errors than a simple AR process or an … improvements in terms of forecasting accuracy are found for more volatile periods, such as the recent financial crisis. However …

from a regime-switching model with endogenous transition probabilities for output growth and realized stock market …

, the high and rising import-intensity of exports also reflects and captures the rapid growth in “vertical specialisation … OECD imports was also driven by strong export growth and the associated reactivation of global production chains, as well …

. Nevertheless, their forecasting properties are still barely explored. We fill this gap by comparing the quality of real … priors from a DSGE model. We show that the analyzed DSGE model is relatively successful in forecasting the US economy in the … accurate short-term forecasts for interest rates. Conditional on experts' now casts, however, the forecasting power of the DSGE …