power for both GDP growth and excess stock returns, and that the results are robust to the inclusion of information …

We evaluate the forecasting performance of six different models for short-term forecasting of Macedonian GDP: 1) ARIMA … model; 2) AR model estimated by the Kalman filter; 3) model that explains Macedonian GDP as a function of the foreign demand …; 4) small structural model that links GDP components to a small set of explanatory variables; 5) static factor model that …

and income side of GDP. The forecast accuracy of the factor model prevails over simple approaches not relying on monthly …In this article we estimate a small dynamic factor model (DFM) for the short-term forecasting of Slovak GDP. The model … than GDP. The regular release of various monthly indicators allows about a weekly update of the short-term outlook. Our DFM …

forecasting real GDP growth and inflation over 24 monthly horizons for G7 countries during 1990-2007. Professional forecasters are … found to begin and have relatively more success in predicting inflation than real GDP at significantly longer horizons …; forecasts for real GDP contain little information beyond 6 quarters, but forecasts for inflation have predictive value beyond 24 …

infrastructure and its relation to the right to decent work, GDP, inflation and the unemployment rate is the pillar on which this …