series forecasting models for economic variables. In these models, the reduction of the predictors and the modeling and … forecasting of the response y are carried out in two separate and independent phases. We introduce a potentially more attractive … of widely used macroeconomic series data with one or two sufficient reductions delivering similar forecasting performance …

paper gives a literature overview over existing studies that deal with the forecasting power of various ifo indicators both … powerful tool both for an in-depth business cycle diagnosis and for applied forecasting work …

. Quantile regressions indicate that most of sentiment's forecasting power arises from signaling downside risks to the economy …