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• W2094969895 abstract "We compared forecasts of stock market volatility based on real-time and revised macroeconomic data. To this end, we used a new dataset on monthly real-time macroeconomic variables for Germany. The dataset covers the period 1994-2005. We used a statistical, a utility-based, and an options-based criterion to evaluate volatility forecasts. Our main result is that the statistical and economic value of volatility forecasts based on real-time data is comparable to the value of forecasts based on revised macroeconomic data." @default.
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• W2094969895 date "2006-01-01" @default.
• W2094969895 modified "2023-09-28" @default.
• W2094969895 title "Forecasting Stock Market Volatility with Macroeconomic Variables in Real Time" @default.
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