Factor forecasting using international targeted predictors : the case of German GDP /

This paper considers factor forecasting with national versus factor forecasting withinternational data. We forecast German GDP based on a large set of about 500 time series, consisting of German data as well as data from Euro-area and G7 countries. For factor estimation, we consider standard princip...

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Bibliographic Details
Main Author: Schumacher, Christian
Format: Book
Language:English
Published: Frankfurt am Main : Deutsche Bundesbank, 2009
Series:Discussion paper (Deutsche Bundesbank). Series 1: economic studies no. 10/2009
Subjects:
Online Access:https://www.econstor.eu/bitstream/10419/27664/1/200910dkp.pdf