, are relevant to forecasting economic growth and stock returns, and whether they contain information that is orthogonal to …

Michigan Surveys of Consumers. While these measures have been useful in developing models of forecasting inflation, the data …

The debate on the forecasting ability in economics of non-linear models has a long history, and the Great Recession … provides us with an opportunity for a re-assessment of the forecasting performance of several classes of non-linear models … some countries and/or variables appear to be more adapted to non-linear forecasting. …

series, there is no clear consensus regarding the forecasting abilities of these models. In this paper we develop a general … approach to predict multiple time series subject to Markovian shifts in the regime. The feasibility of the proposed forecasting …

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

not only simplify the model estimation, but also improve its forecasting performance. We allow the parameters of the MIDAS … large dataset with the help of factor analysis. Monte Carlo experiments and an empirical forecasting comparison carried out … for the U.S. GDP growth show that the models of the MS-UMIDAS class exhibit similar or better nowcasting and forecasting …

The purpose of the article is to evaluate the forecasting performance of dynamic factor models in forecasting inflation …. Such models are very often successfully used for forecasting. Employing several factors instead of a large number of …

forecasting procedure, based on component models, improves the forecasting accuracy of traditional methods. Component models … Monte Carlo out-of-sample experiment reveals that component models improve the forecasting accuracy of traditional methods …

for economic analysis and forecasting. This enormous volume of information, available in real time, can be handled by … inflows to Spain (the Spanish tourist industry's main customers). The improvement in the forecasting provided by the short …