Rusticelli, Elena - Economics Department, Organisation de Coopération et … - 2012
around point forecasts. The procedure is applied, by way of example, to the short-term real GDP growth forecasts generated by … the OECD Indicator Model for Germany. The empirical probability distributions of the GDP growth forecasts, derived through … the bootstrapping technique, allow the ex ante probability of, for example, a negative GDP growth forecast for the current …