We assess the forecast ability of Norges Bank's regional survey for inflation, GDP growth and the unemployment rate in Norway. We propose several factor models based on regional and sectoral information given by the survey. The analysis identifies which information extracted from the ten sectors...

We assess the forecast ability of Norges Bank’s regional survey for inflation, GDP growth and the unemployment rate in Norway. We propose several factor models based on regional and sectoral information given by the survey. The analysis identifies which information extracted from the ten...

We propose to construct factor models based on disaggregate survey data to forecast national aggregate macroeconomic variables. We apply our methodology to Norges Bank's regional survey, which allows to construct regional and sectoral factor models, and to the Swedish Business Tendency survey,...

We assess the forecast ability of Norges Bank's regional survey for inflation, GDP growth and the unemployment rate in Norway. We propose several factor models based on regional and sectoral information given by the survey. The analysis identifies which information extracted from the ten sectors...

Dette notatet dokumenterer oppbygningen og bruken av vekter for observasjonene til Regionalt nettverk. Fra runde 3/09 er observasjonene i Regionalt nettverk vektet etter et nytt vektesett. Vektene fanger i større grad opp variasjon i størrelse mellom næringer, regioner og over tid enn...

This memo documents the structure and use of weights for observations from the regional network. With effect from round 3/09, observations from the network have been weighted using a new set of weights that better capture variations in size between sectors and regions and over time. The national...