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

Domenico Giannone, Lucrezia Reichlin and Saverio Simonelli

No 2009_021, Working Papers ECARES from ULB -- Universite Libre de Bruxelles

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)
Pages: 17 p.
Date: 2009
New Economics Papers: this item is included in nep-cba, nep-ecm, nep-eec, nep-for and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (41)

Published by:

Downloads: (external link)
https://dipot.ulb.ac.be/dspace/bitstream/2013/5413 ... _wpaper_2009_021.pdf RePEc_eca_wpaper_2009_021 (application/pdf)

Related works:
Journal Article: Nowcasting Euro Area Economic Activity in Real Time: The Role of Confidence Indicators (2009)
Journal Article: NOWCASTING EURO AREA ECONOMIC ACTIVITY IN REAL TIME: THE ROLE OF CONFIDENCE INDICATORS (2009)
Working Paper: Nowcasting Euro Area Economic Activity in Real-Time: The Role of Confidence Indicators (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eca:wpaper:2009_021

Ordering information: This working paper can be ordered from
http://hdl.handle.ne ... ulb.ac.be:2013/54137

Access Statistics for this paper

More papers in Working Papers ECARES from ULB -- Universite Libre de Bruxelles Contact information at EDIRC.
Bibliographic data for series maintained by Benoit Pauwels ().