) forecast but that real-time output gaps often do not help forecasting inflation. This raises the question how operationally …This paper simulates out-of-sample inflation forecasting for Germany, the UK, and the US. In contrast to other studies … useful certain output gap estimates are for forecasting inflation …

) forecast but that real-time output gaps often do not help forecasting inflation. This raises the question how operationally …This paper simulates out-of-sample inflation forecasting for Germany, the UK, and the US. In contrast to other studies … useful certain output gap estimates are for forecasting inflation …

Potential links between inflation, (t), and unemployment, UE(t), in Germany have been examined. There exists a … negative relation between inflation and unemployment with the latter leading the former by one year: UE(t-1) = 1.50(t) + 0 ….116. Effectively, growing unemployment has resulted in decreasing inflation since 1971, i.e. for the period where GDP deflator …

In this paper, we evaluate the forecasting ability of 115 indicators to predict the housing prices and rents in 71 … improving the forecasts, given the local nature of the real-estate markets. The forecast accuracy of different predictors is … tested in a framework of a quasi out-of-sample forecasting. Its results are quite heterogeneous. No single indicator appears …