Scenarios and pathways, as defined and used in the "SSP-RCP scenario framework", are key in last decade's climate change research and in the latest report of the Intergovernmental Panel on Climate Change (IPCC). In this framework, Shared Socioeconomic Pathways (SSP) consist of a limited set of...

This study investigates the application of Factor-Augmented Vector Autoregression (FAVAR) and Bayesian Vector Autoregression (BVAR) models for inflation forecasting. FAVAR models deal with high-dimensional data by extracting latent factors from extensive macroeconomic indicators, while BVAR...

This paper addresses the challenge of inflation forecasting by adopting a thick modeling approach that integrates forecasts from time- and frequency-domain models. Frequency-domain models excel at capturing long-term trends while also accounting for short-term fluctuations. Combining these...

Using a large cross-country dataset covering over 150 countries and more than 10 macroeconomic variables, this study examines the consistency of IMF World Economic Outlook (WEO) forecasts with the full information rational expectations (FIRE) hypothesis. Similar to Consensus Economics forecasts,...