chapter investigates the use of economic forecasting in policy making by discussing practical examples, providing new … institutional details of the forecasting process at fiscal authorities and central banks. We provide empirical evidence that central … producing forecasts. We review forecasting models and provide practical applications. In particular, we illustrate how to use …

made in the first oil price shock of the 1970s. In response to the challenges encountered in forecasting in recent years … and the lessons learnt, the OECD and other international organisations have sought to improve their forecasting techniques …

made in the first oil price shock of the 1970s. In response to the challenges encountered in forecasting in recent years … and the lessons learnt, the OECD and other international organisations have sought to improve their forecasting techniques …

This study sheds new light on the question of whether or not sentiment surveys, and the expectations derived from them …, are relevant to forecasting economic growth and stock returns, and whether they contain information that is orthogonal to …

This paper proposes a measure of real-time inflation expectations based on metadata, i.e., data about data, constructed … from internet search queries performed on the search engine Google. The forecasting performance of the Google Inflation … Search Index (GISI) is assessed relative to 37 other indicators of inflation expectations – 36 survey measures and the TIPS …

inflation forecasting and monetary policy decision support. In contrast to the previous conditional projections, the MPM offers …, expectations by economic agents play a key role in monetary transmission; therefore, instead of one-off interest rate measures, the …