Fritsche, Ulrich; Heilemann, Ullrich - 2010
The "Gemeinschaftsdiagnose" [Joint Diagnosis (JD)] is the most influential semi-annual macroeconomic forecast in … criticised. This study examines the JD’s growth and inflation forecasts from 1970 to 2007, including most of the contributions of … forecasts to influence the JD forecast? Results show that there is no strong evidence of bias or inefficiency of the institutes …