. Our empirical findings show that the factor estimation methods don't differ much with respect to nowcasting accuracy …

We define nowcasting as the prediction of the present, the very near future and the very recent past. Key in this … argue that the nowcasting process goes beyond the simple production of an early estimate and it consists in the analysis of … nowcasting traditionally conducted in policy institutions and used, alongside the judgemental procedures, in many central banks …

paper, we compare their performance in a relevant case for policy making, i.e., nowcasting and forecasting quarterly GDP …