We analyse the performance of financial market variables in nowcasting Finnish quarterly GDP growth. In particular, we … parsimonious way. We find that financial market data nowcasts Finnish GDP growth relatively well: nowcasting performance is similar … assess if prediction accuracy is affected by the sampling frequency of the financial variables. Therefore, we apply MIDAS …

We analyse the performance of financial market variables in nowcasting Finnish quarterly GDP growth. Especially, we … assess if prediction accuracy is affected by the sampling frequency of the financial variables. Therefore, we apply MIDAS … models that allow us to forecast quarterly GDP growth using monthly or daily data without temporal aggregation in a …

well as cheques that clear through the banking system, as potential indicators of current GDP growth. These variables … macroeconomic forecasting. Controlling for the release dates of each of a set of indicators, we generated nowcasts of GDP growth for …

taking into account the supply or production side and the demand side of GDP. The GDP figures calculated by the two sides … usually yield different results and the official GDP release is somewhere in between. We make use of this statistical … procedure by separately modeling the two sides of GDP in a system of bridge equations at the most disaggregate level available …

We analyse the performance of financial market variables in nowcasting Finnish quarterly GDP growth. In particular, we … parsimonious way. We find that financial market data nowcasts Finnish GDP growth relatively well: nowcasting performance is similar … assess if prediction accuracy is affected by the sampling frequency of the financial variables. Therefore, we apply MIDAS …

as well as goods exports). In an out-of-sample forecast comparison we employ MIDAS models to forecast the two different …