Giannone, Domenico; Reichlin, Lucrezia; Simonelli, Saverio - European Centre for Advanced Research in Economics and … - 2009
This paper assesses the role of surveys for the early estimates of GDP in the euro area in a model-based automated procedures which exploits the timeliness of their release. The analysis is conducted using both an historical evaluation and a real time case study on the current conjuncture.