Iselin, David; Siliverstovs, Boriss - 2013
leads to improvement in accuracy of one-step ahead forecasts of GDP growth compared to those obtained by the benchmark model …. Second, the accuracy of out-of-sample forecasts obtained with models augmented with the RWI is comparable to that of models … Switzerland. Third, we show that the RWI-based forecasts are more accurate than the consensus forecasts (published by Consensus …