Nowcasting global economic growth
Laurent Ferrara and
Clément Marsilli
Rue de la Banque, 2016, issue 23
Abstract:
Global economic growth has a strong bearing on the pace of activity in the euro area and in France. The IMF provides an assessment of the global economy in its World Economic Outlook report, which is published twice yearly. In between these publications, however, a variety of more volatile factors can affect the international economy. It is therefore important for central banks to monitor ongoing fluctuations in global growth by looking at macroeconomic and financial indicators released at different frequencies. This process, known as nowcasting, is a recent concept which differs from standard economic forecasting.
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:bfr:rueban:2016:23
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