Republic of Macedonia (NBRM) for short-term forecasting of inflation - Autoregressive integrated moving average models … models' out-of-sample forecasting performance for the period 2012 q3 to 2016 q2 by using a number of forecast evaluation … to individual models' forecasts. Our results point to three important conclusions. First, the forecasting accuracy of the …

evidence that the Phillips curves' goodness of fit is rather high. However, forecasting power is comparatively low. …

quantitative macroeconomics. However, DSGE models were not considered as a forecasting tool until very recently. The objective of … this paper is twofold. First, we compare the forecasting ability of a canonical DSGE model for the Spanish economy with … VAR operates with artificial series obtained from a DSGE model. The results indicate that the out-of-sample forecasting …

This study evaluates forecasting performance of a large-scale factor model developed in Siliverstovs and Kholodilin … (2012) in a genuine ex ante forecasting exercise. We perform our forecast of GDP growth in Switzerland in real time using …

methodological contributions, especially with regard to economic forecasting. …

variables in the model, rather than just on future paths as it is usually done in the conditional forecasting literature. The … forecasting densities of a BVAR and a DSGE model on information about the marginal densities of future oil prices. The results …-inflation over the considered forecasting horizon. Finally, a real-time forecasting exercise yields that introducing market …

develop a suite of models to provide a more timely estimate (nowcast) of euro area quarterly employment growth based on a … timely assessment of employment developments with unemployment rates and sentiment indicators containing most of the relevant … performs favourably compared to the Eurosystem/ECB staff macroeconomic projections, (iv) forecasting performance deteriorates …