Dopke, Jorg; Fritsche, Ulrich - In: Applied Economics Letters 15 (2008) 5, pp. 355-358
We evaluate the interaction of inflation and growth forecast errors based on 17 distinct forecasts for the German economy for the period from 1970 to 2004. The forecasts were produced by 14 institutions. Our findings show that, in general, the forecasters did not share a common belief about the...