Hülsewig, Oliver; Mayr, Johannes; Sorbe, Stéphane - ifo Leibniz-Institut für Wirtschaftsforschung an der … - 2007
This paper evaluates short-term forecasts of real GDP in the Euro area derived from the CESifo Economic Climate indicator (WES) in terms of forecast accuracy. We compare the forecast properties of the WES with those of monthly composite indicators. Considering the WES is interesting because (i)...
