accelerating inflation and slowing economic growth. The decline in GDP growth in most G-20 countries has been influenced, among …

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 …

pools, and use it to investigate the relative forecasting performance of dynamic stochastic general equilibrium (DSGE …) models, with and without financial frictions, for output growth and inflation in the period 1992 to 2011. We find strong … react in a timely fashion to changes in the environment, leading to real-time forecast improvements relative to other …

selection of forecasting models to tackle their common data features yet distinct problems. …