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The forecasting of government revenues is extremely important for an adequate budget execution, since a good accuracy …
Persistent link: https://www.econbiz.de/10013400244
variables or which ones to use. The results of a recursive forecasting exercise reveal a statistically significant increase in …
Persistent link: https://www.econbiz.de/10014496096
Vorhersagen der konjunkturellen Entwicklung werden in Deutschland meist für die Ebene der Gesamtwirtschaft durchgeführt. Sie sind jedoch nicht auf die regionalen Verhältnisse übertragbar. Signifikante Abweichungen können sich unter anderem wegen einer unterschiedlichen Sektoralstruktur...
Persistent link: https://www.econbiz.de/10010377810
to forecasting area-wide industrial production. To this end, we use various tests that are designed to compare competing …
Persistent link: https://www.econbiz.de/10010427576
walk model suggests that the forecasting performance of the monetary model is superior. …
Persistent link: https://www.econbiz.de/10010436043
This paper deals with the estimation of employment equations for Germany, which are to be used for forecasting and … simulation purposes. The authors estimate both single and system error correction equations for German working hours using …, however, is affected by German reunification and relative factor prices no longer play a significant role. The forecasting …
Persistent link: https://www.econbiz.de/10010460436
The multivariate analysis of a panel of economic and financial time series with mixed frequencies is a challenging problem. The standard solution is to analyze the mix of monthly and quarterly time series jointly by means of a multivariate dynamic model with a monthly time index: artificial...
Persistent link: https://www.econbiz.de/10010491332
short-term forecasting models. These empirical findings have been established for different macroeconomic data sets and … specification is most effective in its forecasting performance. Furthermore, the forecast performances of the different … extended empirical out-of-sample forecasting competition for quarterly growth of gross domestic product in the euro area and …
Persistent link: https://www.econbiz.de/10010491343
The paper investigates the impact of jumps in forecasting co-volatility, accommodating leverage effects. We modify the … forecasting weekly and monthly horizons. …
Persistent link: https://www.econbiz.de/10010491398
. Indicators arecompared by means of an in-sample and an out-of-sample forecasting experiment.Predictive accuracy is compared by …
Persistent link: https://www.econbiz.de/10010312099