considerably from their counterparts based on the most recent data. Moreover, they are not rational forecasts of the final series …. The consequences of using real-time data for inflation forecasts, the dynamic interaction of output gaps and inflation …

evaluations suggest that both ifo and ZEW provide the best forecasts for industrial production among the three indicators ifo, PMI …

facilitate substantial improvements of the forecasts, given the local nature of the real-estate markets. The forecast accuracy of … surveys. We also find that combinations of individual forecasts are consistently selected among the top forecasting models …

The economic forecasts for Germany in the period 2001 to 2003 grossly missed reality. Forecasters estimated an average … Germany even shrank by 0.1 per cent. Forecasters tend to be generally optimistic. The analysis of the forecasts in the years …

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 …