The necessity of improving the forecasts accuracy grew in the context of ac- tual economic crisis, but few researchers … inflation rate forecasts on the horizon 2010 - 2012, we proved that the one-step-ahead forecasts based on updated AR(2) models … constructing the forecasts, by using the limits of the bias- corrected-accelerated bootstrap intervals for the initial data series …

forecasts made for Romanian by three experts in forecasting: F1, F2 and F3. All the unemployment rate forecasts over the horizon …-Timmermann test, the directional forecasts of F3 and the autumn expectations of F2 are useful and rational. …

more accurate than econometric models that include levels variables, ECMs. For example, dVAR forecasts are insulated from …

In this study a comparative analysis of the forecasts accuracy for Spain (developed country) and Romania (developing … the Spanish institutes provided more accurate forecasts, for the rest of the variables (inflation rate, private … in Romania, E2 provided more accurate forecasts. In Spain, FUNCAS offered better forecasts for GDP growth and private …

inflation using a lineal combination of the forecasts of these components, i.e. a "bottom to top" approach. In this paper, we …

This paper examines the extent to which errors in economic forecasts are driven by initial assumptions that prove to be … incorrect ex post. Therefore, we construct a new data set comprising an unbalanced panel of annual forecasts from different … recommendations based on economic forecasts. …

bootstrap simulations were used for assessing the uncertainty in inflation rate forecasts in Romania. …

uncertainty and risks that are related to the baseline forecasts. …