forecasting exercises. …

The main goal of the article is to investigate forecasting quality of two approaches to modelling main macroeconomic … accuracy not inferior to that of structural models. Additional advantage of their approach is that the forecasting procedure … can be mostly automated and the influence of subjective decisions made in the forecasting process can be significantly …

results indicate that there is clearly evidence that complicated forecasting models are usually superior to simple AR …

real M1 shows good results, while a forecasting strategy based on projecting GDP series seems to be more robust and …

We study the forecasting performance of three alternative large scale approaches using a dataset for Germany that … indicate that in many cases the gains in forecasting accuracy relative to a simple univariate autoregression are only moderate …

approach. The prediction accuracy of the logit and probit models is high enough to make them useful in forecasting the future …

interested in their usefulness for policy analysis and forecasting. This paper reviews some issues and challenges surrounding the …

eyidence for Germany in the period 1970-1994 shows that especially at cyclical turning-points inventory fluctuations continue … to have a major impact on overall oütput. Additional research süggests that inventones in Germany are not part of the …