study framework despite the short sample period from 2009 to 2013. Due to renewed fears of deflation we compare option …-implied and statistical density functions to gain insight into deflation risk. Inflation expectations show a decreasing mean but … influence of monetary policy announcements on inflation expectations diminished. Tail events such as deflation although still …

German GDP. Our recursive out-of-sample forecast evaluation results reveal that our framework is able to generate forecasts …

taking into account the supply or production side and the demand side of GDP. The GDP figures calculated by the two sides … usually yield different results and the official GDP release is somewhere in between. We make use of this statistical … procedure by separately modeling the two sides of GDP in a system of bridge equations at the most disaggregate level available …

-versus-volume data uncertainty in GDP data for the United Kingdom. We find some degree of negative correlation between revisions to real … GDP and GDP deflator data. We develop a methodology for estimating the output gap which takes account of the benefit of … would be led to place greater weight on nominal GDP data and correspondingly less weight on separate, uncertain estimates of …