professional forecasters provide GDP forecasts that are temporally consistent, meaning that quarterly forecasts add up to the … estimates of information frictions in some cases. For the overwhelming majority of consistent forecasts, annual GDP predictions … almost immediately reflect the monthly GDP releases. These findings suggest that most forecasters make at least minor …

We analyse the performance of financial market variables in nowcasting Finnish quarterly GDP growth. In particular, we … models that allow us to nowcast quarterly GDP growth using monthly or daily data without temporal aggregation in a … parsimonious way. We find that financial market data nowcasts Finnish GDP growth relatively well: nowcasting performance is similar …

We evaluate the forecasting performance of six different models for short-term forecasting of Macedonian GDP: 1) ARIMA … model; 2) AR model estimated by the Kalman filter; 3) model that explains Macedonian GDP as a function of the foreign demand …; 4) small structural model that links GDP components to a small set of explanatory variables; 5) static factor model that …

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 …

We analyse the performance of financial market variables in nowcasting Finnish quarterly GDP growth. Especially, we … models that allow us to forecast quarterly GDP growth using monthly or daily data without temporal aggregation in a … parsimonious way. Our results show that financial market data nowcasts Finnish GDP growth relatively well. When it comes to …

We investigate an impact of oil-price shocks on GDP and exchange rate dynamics in resource-heterogeneous economies. We …-exporting, and less-resource-intensive economies. On average, real GDP in oil-exporting economies exhibits substantial contraction …, while for metal exporters there is a significant real GDP expansion suggesting an offsetting effect of metal exports on oil …

model (DFM) to forecast euro area GDP from monthly indicators. The use of the Kalman filter allows us to deal with … the monthly real activity measures for the GDP forecasts. However, this is discovered only, if their more timely …

This paper shows that the explanation of the decline in the volatility of GDP growth since the mid-eighties is not the …

We estimate and forecast growth in euro area monthly GDP and its components from a dynamic factor model due to Doz et … outperforms various benchmarks, such as quarterly time series models and bridge equations in forecasting growth in quarterly GDP …