Small area estimation is a research area in official and survey statistics of great practical relevance for National Statistical Institutes and related organisations. Despite rapid developments in methodology and software, researchers and users would benefit from having practical guidelines that...

Modern systems of official statistics require the accurate and timely estimation of socio-demographic indicators for disaggregated geographical regions. Traditional data collection methods such as censuses or household surveys impose great financial and organizational burdens for National...

We use multivariate unobserved components models to estimate trend and cyclical components in GDP, credit volumes and house prices for the U.S. and the five largest European economies. With the exception of Germany, we find large and long cycles in credit and house prices, which are highly...