This paper evaluates aggregated survey forecasts with forecast horizons of 3, 12, and 24 months for the exchange rates … common forecast accuracy measures. Additionally, the rationality of the exchange rate predictions are assessed utilizing …

forecasts based on pooled and individual estimates and develop a novel forecast poolability test that can be used as a … stock returns, we show that no single forecasting approach dominates uniformly. However, forecast combination and shrinkage …

shrinkage methods, following Stock and Watson (2012) and Kim and Swanson (2013a), to forecast CPI inflation, GDP growth, exports … clearer as the forecast horizons lengthens. Specifically, in forecasting for more volatile periods like the global financial … orders received, and employment variables. Surprisingly, the monetary aggregates or price variables are never found to …

A large set of financial variables has only limited power to predict a latent factor common to the year-ahead forecast … errors for real Gross Domestic Product (GDP) growth, the unemployment rate, and Consumer Price Index (CPI) inflation for …

shrinkage methods, following Stock and Watson (2012) and Kim and Swanson (2013a), to forecast CPI inflation, GDP growth, exports … clearer as the forecast horizons lengthens. Specifically, in forecasting for more volatile periods like the global financial … orders received, and employment variables. Surprisingly, the monetary aggregates or price variables are never found to …

around 40 stocks from more than 1800 potential stocks using NYSE stock price data. Both applications reveal that the …