Forecasting revisions of German industrial production

Pascal Bührig and Klaus Wohlrabe

Munich Reprints in Economics from University of Munich, Department of Economics

Abstract: Macroeconomic variables, such as industrial production or GDP, are regularly and sometimes substantially revised by the official statistical offices. Nevertheless, there are only few attempts in the previous literature to investigate whether it is possible to forecast these revisions systematically. In this article, it is illustrated how revisions of German industrial production can be forecasted with respect to both the direction and the level of the revision. We are the first to use a large data set for this purpose.

Date: 2016
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Published in Applied Economics Letters 15 23(2016): pp. 1062-1064

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Journal Article: Forecasting revisions of German industrial production (2016)
Working Paper: Forecasting Revisions of German Industrial Production (2015)
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