Brüggemann, Ralf; Lütkepohl, Helmut; Marcellino, … - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2006
that for variables which have a similar level for Germany and the Euro-area it may be reasonable to consider the German pre-EMU …It is investigated whether Euro-area variables can be forecast better based on synthetic time series for the pre-Euro … Euro-area such as prices can be better predicted based on German data while aggregated European data are preferable for …