We use Bayesian additive regression trees to reexamine the efficiency of growth and inflation forecasts for Germany. To …-term growth and longer-term inflation forecasts. We cannot reject weak efficiency of short-term growth and inflation forecasts. We …

estimated trend. Based on output growth and inflation forecasts and a comparison to revised output gap estimates from policy …

This paper studies uncertainty using the ECB Survey of Professional Forecasters' data. We consider both inflation and … inflation uncertainty has a negative impact on economic activity by decreasing output growth and increasing inflation and … real GDP growth forecasts at the micro level and explore forecast uncertainty using two alternative measures, i …

The uncertainty of U.S. core inflation, measured by the stochastic volatility of forecast errors, has soared to a level … increase after a positive shock to core inflation uncertainty in a vector autoregression. Endogenous changes in household … inflation expectations help to understand the transmission mechanism through which an inflation uncertainty shock generates …

This study provides estimates of economic uncertainty and inflation uncertainty for the Greek economy and considers … their time-varying impact on the corresponding macroeconomic variables, i.e. GDP growth and inflation. The authors find that …, in both cases, the degree of uncertainty varies over time. Its impact on the underlying variables also fluctuates and is …

The recovery from the Global Financial Crisis was characterized by sluggish output growth and by inflation remaining … persistently below the inflation targets of central banks in many advanced economies despite an unprecedented monetary expansion …