D'Agostino, Antonello; McQuinn, Kieran; O'Brien, Derry - Volkswirtschaftliche Fakultät, … - 2011
In this paper we present a dynamic factor model that produces nowcasts and backcasts of Irish quarterly GDP using … useful indicator series for Irish GDP can be availed of in a parsimonious manner and the unsynchronized nature of the release … factors to quarterly GDP estimates. We conduct an out-of-sample forecasting simulation exercise, where the performance of the …