Showing 1 - 10 of 162
comprehensive real-time forecasting exercise for recessions in the US. Moreover, we propose a novel smooth transition modelling …
Persistent link: https://www.econbiz.de/10012179657
Modern systems of official statistics require the accurate and timely estimation of socio-demographic indicators for … Institutes based on small area estimation that allows for the estimation of socio-demographic indicators by using mobile phone …-demographic indicator, the proposed approach is applicable to indicators from national statistics in general. …
Persistent link: https://www.econbiz.de/10011455043
(science, technology and innovation) policies requires accurate indicators of innovation. Traditional indicators often lack …. In this paper, we propose a novel approach on how to create firm-level innovation indicators at the scale of millions of … firms. We use traditional firm-level innovation indicators from the questionnaire-based Community Innovation Survey (CIS …
Persistent link: https://www.econbiz.de/10011959904
This paper evaluates the quality of survey forecasts, their accuracy and unbiasedness, and their overall consistency. The paper also tries to find out whether the relationships between economic variables are the same in survey data and in the actual data. In other words we analyze whether the...
Persistent link: https://www.econbiz.de/10012503030
This paper studies professional forecasts on a micro level using three alternative data sets. The analysis is mainly based on the ECB Survey of Professional Forecasts for the euro area, but for comparison, Consensus Economics survey and the Survey of Professional Forecasts for the US are also...
Persistent link: https://www.econbiz.de/10012503031
We apply the boosting estimation method to investigate to what ex-tent and at what horizons macroeconomic time series have nonlinearpredictability coming from their own history. Our results indicate thatthe U.S. macroeconomic time series have more exploitable nonlinearpredictability than...
Persistent link: https://www.econbiz.de/10012503077
We explore whether modelling parameter time variation improves the point, interval and density forecasts of nine major exchange rates vis-a-vis the US dollar over the period 1976-2015. We find that modelling parameter time variation is needed for an accurate calibration of forecast confidence...
Persistent link: https://www.econbiz.de/10011489395
Persistent link: https://www.econbiz.de/10012798248
Those of professional forecasters do. For a wide range of time series models for the euro area and its member states we find a higher average forecast accuracy of models that incorporate information on inflation expectations from the ECB’s SPF and Consensus Economics compared to their...
Persistent link: https://www.econbiz.de/10012792526
This paper analyses the forecasting performance of monetary policy reaction functions using U.S. Federal Reserve … forecasting purposes. Overall, evidence suggests that U.S. monetary policy behaviour between1987-2012 is nonlinear. …
Persistent link: https://www.econbiz.de/10012256503