subjective choices in the setting of the prior. Moreover, it performs very well both in terms of out-of-sample forecasting …

distribution. As an empirical illustration, we use euro area data and compare the forecasting performance of the New Area …

provide more robust forecasts. We investigate this issue for forecasts from a range of short-term forecasting models. Our …

story-telling and policy analysis were in the forefront of applications since its inception, the forecasting perspective of … models are inferior in ex-ante forecasting a crisis. Surprisingly however, it turned out that not all but those models which … only detect the turning point of the Austrian business cycle early in 2008 but they also succeeded in forecasting the …

the beginning of 2018. They also have performed well in forecasting the direction of inflation. In terms of the …

forecasting solutions. In this context, the paper develops new forecasting methods for an old problem by employing 13 machine …