In this paper, we evaluate the forecasting ability of 145 indicators and ten types of forecast combination schemes to … different predictors is tested in a framework of a quasi out-of-sample forecasting. Its results are quite heterogeneous. No … surveys. We also find that combinations of individual forecasts are consistently selected among the top forecasting models …

longer forecasting horizons (the forecast accuracy gain as measured by the root mean squared forecast error is about 8% at …

slack or oil price fluctuations, motivated by a novel interpretation of the forecasting implications of the workhorse open …

targeting, under various open-economy Phillips curve specifications. Our forecasting exercise suggests that open …-2015:Q1 period and appear to be reliable proxies for global slack in forecasting inflation …

targeting, under various open-economy Phillips curve specifications. Our forecasting exercise suggests that open …-2015:Q1 period and appear to be reliable proxies for global slack in forecasting inflation …

-consistent single-equation forecasting specification implied by theory, exploiting the international linkages of inflation. In this …-García (Forthcoming) use for inflation forecasting. We make note in particular of the role that the slope of the Phillips curve plays in … the equilibrium solution of the workhorse open-economy New Keynesian model and for forecasting purposes. We also include …

slack or oil price fluctuations, motivated by a novel interpretation of the forecasting implications of the workhorse …

well in finite samples. Finally, three applications demonstrate the utility of the method in time-series (forecasting …

In this paper, we evaluate the forecasting ability of 145 indicators and ten types of forecast combination schemes to … different predictors is tested in a framework of a quasi out-of-sample forecasting. Its results are quite heterogeneous. No … surveys. We also find that combinations of individual forecasts are consistently selected among the top forecasting models …