Bruno, Giancarlo; Lupi, Claudio - In: Empirical Economics 29 (2004) 3, pp. 647-671
In this paper we propose a simple model to forecast industrial production in Italy up to 6 months ahead. We show that the forecasts produced using the model outperform some popular forecasts as well as those stemming from an ARIMA model used as a benchmark and those from some single equation...