-GVAR models for the one- and four-quarter ahead forecast horizon for standard macroeconomic variables (real GDP, inflation, the … practically all variables and at both forecast horizons. The comparison of prior elicitation strategies indicates that the use of … finding is confirmed by density forecast measures, for which the predictive ability of the SSVS prior is the best among all …

quarterly frequency. We forecast gross domestic product (GDP) for two German states (Free State of Saxony and Baden …. Our results show that we can significantly increase forecast accuracy compared to an autoregressive benchmark model, both …

the forecasts, given the local nature of real-estate markets. The forecast accuracy of different predictors is tested in a … confidence at the national level, consumer confidence, and price-to-rent ratios. Even better forecast precision can be achieved … by combining individual forecasts. On average, the forecast improvements attain about 20%, measured by reduction in RMSFE …