For the meeting of the Association d'Instituts Européens de Conjoncture Economique (AIECE) in May, Klaus-Jürgen Gern, Christophe Kamps, and Joachim Scheide prepared the General Report. It is now published as Kiel Discussion Paper 376/377 and supplemented by the country notes of other AIECE...

This paper reinterprets Maganelli's (2009) idea of "Forecasting with Judgment" to obtain a dynamic algorithm for combining survey data and time series models for macroeconomic forecasting. Unlike existing combination approaches which typically assign weights to alternative forecasts, the...