This paper revisits a number of data-rich prediction methods that are widely used in macroeconomic forecasting, such as …

of cross-validation methods based on out of sample forecasting properties are proposed. These procedures are used for the …

We propose a new approach to forecasting the term structure of interest rates, which allows to efficiently extract the … Likelihood of the model. Focusing on the US, we provide an extensive study on the forecasting performance of the proposed model …

We address the issue of modelling and forecasting macroeconomic variables using medium and large datasets, by adopting …

use of measures of underlying in?ation to formulate monetary policy and assist in forecasting observed in?ation. Recent … disaggregated price indices for European countries. We then assess the forecasting ability of these factor estimates against other … 12 to 18 months is adopted as a valid criterion to assess forecasting. Empirical results for the ?ve largest euro area …