Development and Forecasting and the National Bank of Romania in order to update the "Pre-Accession Economic Programme") …

This paper proposes a new method of forecasting euro area quarterly real GDP that uses area-wide indicators, which are … information approach outperforms alternative forecasting methods in terms of forecast accuracy. …

We assess the power of artificial neural network models as forecasting tools for monthly inflation rates for 28 OECD … countries. For short out-of-sample forecasting horizons, we find that, on average, for 45% of the countries the ANN models were … models can also serve as a credible tool for forecasting inflation. …

policy is not implemented in the same way and the NNAR models are better for inflation forecasting. …

We propose a parsimonious semiparametric method for macroeconomic forecasting during episodes of sudden changes. Based …