find a higher average forecast accuracy of models that incorporate information on inflation expectations from the ECB’s SPF … useful information. By contrast, incorporating expectations derived from financial market prices or those of firms and …

There has been increased interest in the use of "big data" when it comes to forecasting macroeconomic time series such … as private consumption or unemployment. However, applications on forecasting GDP are rather rare. In this paper we … incorporate Google search data into a Bridge Equation Model, a version of which usually belongs to the suite of forecasting models …

forecasting macroeconomic key variables such as GDP. However, the DFM has some weaknesses. For nowcasting, the dynamic factor … on euro-area data show that the now- and forecasting performance of our new model is superior to that of the subset …

We present a comprehensive disaggregate approach for short-term forecasting economic activity in Germany by explicitly …