Heinisch, Katja; Giesen, Sebastian; Lindner, Axel - 2014
This study analyzes the performance of the IMF World Economic Outlook forecasts for world output and the aggregates of … next year, we examine whether IMF forecasts can be improved by using leading indicators with monthly updates. Using a real …-time dataset for GDP and for the indicators we find that some simple single-indicator forecasts on the basis of data that are …