Mahalanobis Distance

Evaluating forecasts of a vector of variables: a German forecasting competition

JEL codes: 
C53, E27, E37
Version Date: 
Jul 2014

In this paper we present an evaluation of forecasts of a vector of variables of the German economy made by different institutions. Our method permits one to evaluate the forecasts for each year and then if one is interested to combine the years.

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