Brüggemann, Ralf; Lütkepohl, Helmut; Marcellino, … - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2006
It is investigated whether Euro-area variables can be forecast better based on synthetic time series for the pre-Euro … period or by using just data from Germany for the pre-Euro period. Our forecast comparison is based on quarterly data for the … Euro-area such as prices can be better predicted based on German data while aggregated European data are preferable for …