Brueggemann, Ralf; Luetkepohl, Helmut; Marcellino, … - Department of Economics, European University Institute - 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 … period or by using just data from Germany for the pre-Euro period. Our forecast comparison is based on quarterly data for the …