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Timely updates of business cycle fluctuations-commonly represented by movements in the output gap-help policymakers make informed decisions on the appropriate course of action. Unfortunately, business cycle assessments often suffer from lags in actual gross domestic product data releases. This...
Persistent link: https://www.econbiz.de/10015195471
used as a component in a nowcasting tool, to assess the impact of a cyclone, based only on its known trajectory, and even … nowcasting, and for post-disaster damage assessment. We focus on Fiji and on its agriculture sector, and on tropical cyclones … be used for both nowcasting and post-disaster damage assessments. …
Persistent link: https://www.econbiz.de/10014549270
We produce predictions of the current state of the Indonesian economy by estimating a Dynamic Factor Model on a dataset of 11 indicators (also followed closely by market operators) over the time period 2002 to 2014. Besides the standard difficulties associated with constructing timely indicators...
Persistent link: https://www.econbiz.de/10011432892
2018. The DFM methodology offers a powerful and tractable means of nowcasting economic growth while accounting for mixed … content for GDP growth in India, a novel result from the viewpoint of the existing nowcasting literature. …
Persistent link: https://www.econbiz.de/10012429374