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Nowcasting Euro Area Economic Activity in Real-Time: The Role of Confidence Indicators

Domenico Giannone, Lucrezia Reichlin and Saverio Simonelli ()
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Saverio Simonelli: Università di Napoli Federico II, EUI and CSEF

CSEF Working Papers from Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy

Abstract: 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.

Keywords: Forecasting; factor model; real time data; large data sets; survey (search for similar items in EconPapers)
JEL-codes: C33 C53 E52 (search for similar items in EconPapers)
Date: 2009-11-06
New Economics Papers: this item is included in nep-cba, nep-ecm, nep-eec and nep-for
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Citations: View citations in EconPapers (42)

Published in National Institute Economic Review, 2009, 210(1), 90-97

Downloads: (external link)
http://www.csef.it/WP/wp240.pdf (application/pdf)

Related works:
Journal Article: Nowcasting Euro Area Economic Activity in Real Time: The Role of Confidence Indicators (2009) Downloads
Journal Article: NOWCASTING EURO AREA ECONOMIC ACTIVITY IN REAL TIME: THE ROLE OF CONFIDENCE INDICATORS (2009) Downloads
Working Paper: Nowcasting Euro Area Economic Activity in Real-Time: The Role of Confidence Indicator (2009) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:sef:csefwp:240

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