The main goal of the article is to investigate forecasting quality of two approaches to modelling main macroeconomic … accuracy not inferior to that of structural models. Additional advantage of their approach is that the forecasting procedure … can be mostly automated and the influence of subjective decisions made in the forecasting process can be significantly …

The main goal of the article is to investigate forecasting quality of two approaches to modelling main macroeconomic … accuracy not inferior to that of structural models. Additional advantage of their approach is that the forecasting procedure … can be mostly automated and the influence of subjective decisions made in the forecasting process can be significantly …

The aim of this paper is to construct a forecasting model oriented on predicting basic macroeconomic variables, namely … procedure for selection of a final forecasting model. Verification of the procedure is performed by means of out …

The aim of this paper is to construct a forecasting model oriented on predicting basic macroeconomic variables, namely … procedure for selection of a final forecasting model. Verification of the procedure is performed by means of out …

In this article we present four diversified approaches to forecasting main macroeconomic variables without a priori … the dynamic factor models (DFM) frameworks. With respect to the forecasting models based on BACE we propose two methods of …

encouraging. In a pseudo out-of-sample exercise, our approach beats relevant benchmarks for forecasting CPI inflation and an …

encouraging. In a pseudo out-of-sample exercise, our approach beats relevant benchmarks for forecasting CPI inflation and an …

empirical application for the Italian quarterly GDP the short-term forecasting performance is evaluated against other mixed …