The first official data releases of quarterly real GDP for the euro area are published about eight weeks after the end of the reference quarters. Meanwhile, ongoing economic developments must be assessed from various, more readily available, monthly indicators. We examine in the context of...

We apply both classical and Bayesian econometric methods to characterize the dynamic behavior of inflation for twelve industrial countries over the period 1984-2003, using four different price indices for each country. In particular, we estimate a univariate autoregressive (AR) model for each...

This document reflects the views of the High Level Group on the requirements for a Technology Platform. It proposes the launch of such a Platform and provides details of its proposed scope and organisation. This paper will act as a consultation and discussion document for all stakeholders.