1. ZEW Discussion Paper No. 07-058 // 2007

    The Accuracy and Efficiency of the Consensus Forecasts: A Further Application and Extension of the Pooled Approach

    In this paper we analyze the macroeconomic forecasts of the Consensus Forecasts for 12 countries over the period from 1996 to 2006 regarding bias and information efficiency. A pooled approach is employed which…

  2. Financial Market Report Switzerland // 2007

    October 2007

    • Economic Expectations Diminish Drastically
    • Eurozone: ECB Expected to Take a Wait-and-See Stance
    • USA: Noticeable Majority Forecasts Interest-Rate Cut
    • Japan: Economic Expectations Revised Downward
    • Great Britain: First…
  3. Refereed Journal // 2007

    On the performance of unitary models of household labor supply estimated on collective data with taxation

    This paper compares collective and unitary models on the basis of simulated collective data with income taxation. We distinguish the cases of individual and joint taxation. Estimating a flexible unitary model,…

  4. Financial Market Report CEE // 2007

    October 2007

    • Improved Prospects for Economic Activity in Central and Eastern European Countries
    • Czech Republic, Poland, and Slovakia: Good Economic Situations, Mixed Expectations
    • Croatia, Hungary, and Romania: Mixed Economic…