We evaluate the forecasting performance of six different models for short-term forecasting of Macedonian GDP: 1) ARIMA … links GDP to the current values of several principal components obtained from a set of high-frequency indicators; 6) FAVAR … model; 2) AR model estimated by the Kalman filter; 3) model that explains Macedonian GDP as a function of the foreign demand …

study compares the predictive content of traditional financial variables and foreign economic activity for forecasting GDP … forecasts.The out-of-sample forecasting results suggest that foreign GDP growth contains substantial predictive content in small … financial predictors and compare their predictive content to that of U.S. GDP growth, which serves as a proxy for foreign …

predict gross domestic product (GDP). We employ mixed-frequency models and real-time data to reassess the role of survey data …-time and final data releases differ, we also observe minimal impacts on the relative forecasting performance of indicator …

-time data flow as well as parameter uncertainty and time-varying volatility. In addition, we develop a fast estimation algorithm … German GDP. Our recursive out-of-sample forecast evaluation results reveal that our framework is able to generate forecasts …