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How Accurate are the Swedish Forecasters on GDP-Growth, CPI-Inflation and Unemployment?
This study evaluates the performance of the eight most important Swedish domestic forecasters of real GDP-growth, CPI-inflation and unemployment for the sample period 1993-2001. The evaluation is based on the following measures: mean absolute error, the root mean square error, bias and finally directional accuracy.
Link
http://econpapers.repec.org/scripts/redir.pl?u=http%3A%2F%2Feconwpa.wustl.edu%3A80%2Feps%2Fmac%2Fpapers%2F0510%2F0510017.pdf;h=repec:wpa:wuwpma:0510017