The economic forecasts for Germany in the period 2001 to 2003 grossly missed reality. Forecasters estimated an average … Germany even shrank by 0.1 per cent. Forecasters tend to be generally optimistic. The analysis of the forecasts in the years …

The paper investigates the sources of macroeconomic forecast errors in Germany. The predictions of the so-called "six …

found to perform better in out-of-sample forecasting than a benchmark linear model. An empirical illustration for US GDP …

observations from 1963 to 2004. We rely on forecasts from the joint forecast of the so-called "six leading" forecasting … institutions in Germany and argue that violations of the rationality hypothesis are due to relatively few large forecast errors …

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 …

paper provides evidence that there is still potential for improvement in forecasting techniques both for nowcasts but also …

This paper presents a method to conduct early estimates of GDP growth in Germany. We employ MIDAS regressions to … sector or by the expenditure side) or whether a direct approach is more appropriate when it comes to forecasting GDP growth …

This paper presents a method to conduct early estimates of GDP growth in Germany. We employ MIDAS regressions to … sector or by the expenditure side) or whether a direct approach is more appropriate when it comes to forecasting GDP growth …