This paper examines the quality of the macroeconomic forecasts of six institutions that regularly publish forecasts for Slovenia. The analysis focuses on an evaluation of the quality of forecasts for the real and nominal growth of GDP and for the average annual inflation rate for the period from...

In this commentary stimulated by Fritsche et al.’s (2014) paper on “Forecasting the Brazilian Real and Mexican Peso” and the implications for forecast rationality, I first survey the literature on forecaster behaviour, and conclude that organisational and psychological factors heavily...

The journal continues publishing the consultation of Professor Dean Fantazzini. In this issue econometric analysis of financial data in risk management is discussed. Basic concepts of credit risk management in the context of recent Basel-II agreement recommendations are introduced....