revised. Implicitly, the possibility of data revisions creates an element of uncertainty around the very same data driving … policy decisions. Given that such uncertainty could be mitigated if data revisions were predictable, this paper sets out to … identify any systematic patterns in the Maltese 'Real GDP' data and underlying revisions which could in turn prove useful when …

The study investigates the existence and extent of information rigidity in inflation forecasts among 25 developed and … gathering picking up during the recession period. We also find that forecast revisions depend on both own country and cross …-country lagged revisions. Therefore, one source of information rigidity is not to incorporate overseas events in forecast revisions …

We examine rationality, forecasting accuracy, and economic value of the survey-based exchange rate forecasts for 10 … 2004 to 2012, we find strong evidence that the forecasts for developing countries are biased at all forecast horizons. For … developed countries, forecasts are strongly biased at the 3-month horizon, the bias decreases at the 12-month horizon, and …

analyses the information content of German forecasters' narratives for German business cycle forecasts. The paper applies … characteristics of sentiments. In a third step, sentiment indices are used to test the efficiency of numerical forecasts. Using 12 …-month-ahead fixed horizon forecasts, fixed-effects panel regression results suggest some informational content of sentiment …

gasoline price forecasts are feasible in real time at horizons up to two years, as are substantial increases in directional … successful forecasting models. Pooled forecasts have lower MSPE than the EIA gasoline price forecasts and the gasoline price …

gasoline price forecasts are feasible in real time at horizons up to two years, as are substantial increases in directional … successful forecasting models. Pooled forecasts have lower MSPE than the EIA gasoline price forecasts and the gasoline price …

forecasts made for Romanian by three experts in forecasting: F1, F2 and F3. All the unemployment rate forecasts over the horizon …-Timmermann test, the directional forecasts of F3 and the autumn expectations of F2 are useful and rational. …

bootstrap simulations were used for assessing the uncertainty in inflation rate forecasts in Romania. …

the accuracy of their forecasts. In this paper, we estimate the economic impacts of the official hurricane forecasts in … to establish the social value of improving hurricane forecasts. On the margin, the value of hurricane information is …