An Area-Wide Real-Time Database for the Euro Area

Jerome Henry, Domenico Giannone, Magdalena Lalik and Michele Modugno

No 7673, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: This paper describes how we constructed a real-time database for the euro area covering more than 200 series regularly published in the European Central Bank Monthly Bulletin, as made available ahead of publication to the Governing Council members before their first meeting of the month. We describe the database in details and study the properties of the euro area real-time data flow and data revisions, also providing comparisons with the United States and Japan. We finally illustrate how such revisions can contribute to the uncertainty surrounding key macroeconomic ratios and the NAIRU.

Keywords: Real-time; Euro area; Revisions; Database (search for similar items in EconPapers)
JEL-codes: C01 C82 E24 E58 (search for similar items in EconPapers)
Date: 2010-01
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Citations: View citations in EconPapers (35)

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Related works:
Journal Article: An Area-Wide Real-Time Database for the Euro Area (2012)
Working Paper: An Area Wide Real Time Data Base for the Euro Area (2010)
Working Paper: An area-wide real-time database for the euro area (2010)
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