. Our main finding from a historical nowcasting simulation based on euro area GDP is that the predictive power of the survey …This paper investigates the trade-off between timeliness and quality in nowcasting practices. This trade-off arises … when the frequency of the variable to be nowcast, such as GDP, is quarterly, while that of the underlying panel data is …

We analyze the performance of a broad range of nowcasting and short-term forecasting models for a representative set of … indicators that come from a comparable set of identical data. We show that nowcasting works well for the new EU countries because …, although that variability in their GDP growth data is larger than that of the old EU economies, the economic significance of …

estimation accuracy. Modestly increasing the noise level also accelerates convergence. A nowcasting exercise of euro area GDP …-noise dynamic factor models, commonly used in macroeconomic forecasting and nowcasting. We show analytically and in Monte Carlo …

progressing as of 2012, in terms of civilian employment and GDP. Next we will investigate the stylized facts of the crisis and …