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Estimating and forecasting the euro area monthly national accounts from a dynamic factor model

Angelini, Elena; Banbura, Marta; Rünstler, Gerhard - In: OECD Journal: Journal of Business Cycle Measurement and … 2010 (2010) 1, pp. 1-22

. (2006), which handles unbalanced data sets in an efficient way. We extend the model to integrate interpolation and …

Persistent link: https://www.econbiz.de/10008740655

Estimating and forecasting the euro area monthly national accounts from a dynamic factor model

Angelini, Elena; Bańbura, Marta; Rünstler, Gerhard - 2008

al. (2005), which handles unbalanced data sets in an efficient way. We extend the model to integrate interpolation and …

Persistent link: https://www.econbiz.de/10011604999

Nowcasting the Maltese economy with a dynamic factor model

Ellul, Reuben; Ruisi, Germano - 2022

This paper describes a dynamic factor model for the Maltese economy. The model mainly serves as a tool to timely provide the Central Bank of Malta with nowcasts as well as short-term forecasts of the growth rate of the real gross domestic product, which in turn are used as an input in the...

Persistent link: https://www.econbiz.de/10013483516

Slow Expectation-Maximization Convergence in Low-Noise Dynamic Factor Models

Opschoor, Daan; van Dijk, Dick - 2023

-noise dynamic factor models, commonly used in macroeconomic forecasting and nowcasting. We show analytically and in Monte Carlo … estimation accuracy. Modestly increasing the noise level also accelerates convergence. A nowcasting exercise of euro area GDP …

Persistent link: https://www.econbiz.de/10014321791

Filtering German economic conditions from a large dataset: The new DIW economic barometer

Viefers, Paul; Fichtner, Ferdinand; Junker, Simon; … - 2014

several practical advantages, we also document a better historical nowcasting performance of the new index. …

Persistent link: https://www.econbiz.de/10010421032

Business tendency surveys and macroeconomic fluctuations

Kaufmann, Daniel; Scheufele, Rolf - 2015

We investigate the information content of business tendency surveys for key macroeconomic variables in Switzerland. To summarise the information of a large data set of sectoral business tendency surveys we extract a small number of common factors by a principal components estimator. The...

Persistent link: https://www.econbiz.de/10011307784

Nowcasting Indonesia

Luciani, Matteo; Pundit, Madhavi; Ramayandi, Arief; … - 2015

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

Nowcasting Finnish Turnover Indexes Using Firm-Level Data

Fornaro, Paolo; Luomaranta, Henri; Saarinen, Lauri - 2017

internal release. For other sectors, the large dimensional models provide a good nowcasting performance, even though there is a …

Persistent link: https://www.econbiz.de/10012037599

Nowcasting GDP in Argentina: Comparing the predictive ability of different models

Blanco, Emilio; D'Amato, Laura; Dogliolo, Fiorella; … - 2017

conduct. Given that GDP figures are available with a significant delay central banks are increasingly using Nowcasting as a … useful tool for having an immediate perception of economic conditions. We develop a GDP growth Nowcasting exercise using a …

Persistent link: https://www.econbiz.de/10012057262

Business Tendency Surveys and Macroeconomic Fluctuations

Kaufmann, Daniel; Scheufele, Rolf - KOF Swiss Economic Institute, Department of Management, … - 2015

Persistent link: https://www.econbiz.de/10011240546