The paper compares one-period ahead forecasting performance of linear vector-autoregressive (VAR) models and single-equation Markov-switching (MS) models for two cases: when leading information is available and when it is not. The results show that single-equation MS models tend to perform...

Some studies had shown that there is a relationship between the state of the economy of a country and COVID-19 incidence and mortality rates. However, these studies are just done on countries that are often on developed countries. This study aims to find the relationship between GDP and GDP per...

This paper investigates the existence of any systematic relationship between preliminary estimates and subsequent revisions of GDP growth rates in Macedonia. Accordingly, we use various statistical tools for testing the "news" and "noise" hypotheses and empirically assess if GDP data revisions...