Comparing Greenbook and Reduced Form Forecasts using a Large Realtime Dataset
---- Acknowledgments ----
We thank Douglas Battenberg, Jean Boivin, Bryan Campbell, Frank Diebold, Mike McCracken, Athanasios Orphanides, Lucrezia Reichlin, Dave Reifschneider, Chris Sims, Jim Stock and Mark Watson for helpful comments. All remaining errors are our own. The views expressed in this paper are solely the responsibility of the authors and should not be interpreted as reflecting the views of the Board of Governors of the Federal Reserve System, any other employee of the Federal Reserve System, or the National Bureau of Economic Research.