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Factor forecasting using international targeted predictors: The case of German GDP

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  • Schumacher, Christian

Abstract

Papers on factor forecasting are often focused on national data only. This paper highlights the role of international data for forecasting German GDP and shows how targeted predictors as proposed by Bai and Ng [Forecasting economic time series using targeted predictors, Journal of Econometrics 146 (2008), 304-317] can improve forecast accuracy.

Suggested Citation

  • Schumacher, Christian, 2010. "Factor forecasting using international targeted predictors: The case of German GDP," Economics Letters, Elsevier, vol. 107(2), pages 95-98, May.
    • Handle: RePEc:eee:ecolet:v:107:y:2010:i:2:p:95-98
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    Full references (including those not matched with items on IDEAS)

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