Zeitpunkten werden präsentiert und diskutiert. -- Mehrländermodell ; Prognose ; Bayesianische Ökonometrie …

In this paper, we ask whether it is possible to forecast gross value-added (GVA) and its sectoral subcomponents at the … regional level. With an autoregressive distributed lag model we forecast total and sectoral GVA for one German state (Saxony … usage of different forecast pooling strategies and factor models. Our results show that we are able to increase forecast …

quarterly frequency. We forecast gross domestic product (GDP) for two German states (Free State of Saxony and Baden- Württemberg …-indicator, pooled and factor forecasts in a pseudo real-time setting. Our results show that we can significantly increase forecast …

both the advanced economies and the emerging and developing economies. With a focus on the forecast for the current and the …

quite rapidly with the forecast horizon, and (b) AugGVAR forecasts do as well as other data-rich forecasting techniques for … short horizons, and tend to do better for longer forecast horizons. …

predictability for all quarterly growth rates whereas yearly growth rates seem to be more predictable at short forecast horizons …

We have argued that from the standpoint of a policy maker, the uncertainty of using the average forecast is not the … that the uncertainty of the average forecast can be expressed as the disagreement among the forecasters plus the volatility … the conceptually correct benchmark forecast uncertainty. …