This article surveys recent developments in the evaluation of point and density forecasts in
the context of forecasts made by vector autoregressions. Specific emphasis is placed on …

A review of the literature shows that forecasts from DSGE models are not more accurate than
either times series models or official forecasts, but neither are they any worse. Further, all …

In this article we evaluate the Central Bank of Chile annual GDP growth forecasts during the
period 1991-2009 using a novel real-time database. We compare the Central Bank of Chile …

The article focuses on a study regarding the accuracy of the Auxiliary Inflation Forecasts
(AIF) created by the Central Bank of Chile relating to short-term inflation. Prediction errors …

This paper examines the quality of projections of real GDP growth taken from the Bank of
Canada Monetary Policy Report (MPR) since they were first published in 1997. Over the last …

När prognoserna för BNP-tillväxten, inflationen och reporäntan presenteras i Sveriges
riksbanks penningpolitiska rapport kompletteras de med tillhörande prognosintervall. På så …

Nuvarande ramverk för finans-och penningpolitik började växa fram för 15− 20 år sedan.
Dessa uppkom inte i ett vakuum utan var svaret på den tidens stora trovärdighetsproblem …

In recent times, inflation figures used by policy makers and investors are usually at lag one
(ie previous month's inflation rate). The reality of the present day situation where changes in …

This paper examines the quality of the macroeconomic forecasts of six institutions that
regularly publish forecasts for Slovenia. The analysis focuses on an evaluation of the quality …