Economic Forecast in Times of Radical Uncertainty

Video: Opening Discussion and Pulse Lecture

In recent years, economic forecasts by central banks, international organisations and economic research institutes have often proven to be inaccurate. What are the reasons for this? How important are the data on which they are based? Are the methods applied appropriate? And what insights can we gain from this situation?

The opening discussion between the institutes' economic policy experts on the economic situation in Austria and Germany and the introductory speech by WIFO Director Gabriel Felbermayr are available as recordings.

Business Cycle in Austria and Germany

The discussion between the institutes' chief forecasters Geraldine Dany-Knedlik (DIW), Christian Glocker (WIFO), Stefan Kooths (IfW) and Timo Wollmershäuser (ifo) on the current economic situation in Austria and Germany was moderated by Nicola Brandt (OECD).