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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 …
Persistent link: https://www.econbiz.de/10013286502
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 …
Persistent link: https://www.econbiz.de/10012214415
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 …
Persistent link: https://www.econbiz.de/10013311993
Persistent link: https://www.econbiz.de/10011949298
Persistent link: https://www.econbiz.de/10013441733
that (a) regardless of the forecasting methods considered, PMIs are useful for nowcasting, but their value added diminishes …
Persistent link: https://www.econbiz.de/10010438196
nowcasting and forecasting quarterly world GDP using mixed-frequency models. We find that a recently proposed indicator that …
Persistent link: https://www.econbiz.de/10012306598
. However, official data on quarterly regional GDP in Germany are not available, and hence, regional GDP forecasts do not play … an important role in public budget planning. We provide a new quarterly time series for East German GDP and develop a … forecasting approach for East German GDP that takes data availability in real time and regional economic indicators into account …
Persistent link: https://www.econbiz.de/10012146339
Im Zentrum dieser Dissertation steht das Beschreiben und Erklären von Konjunkturdynamiken. Motiviert durch den außerordentlich starken wirtschaftlichen Einbruch in 2008/2009 betont die Arbeit dabei die Wichtigkeit der Nutzung von nichtlinearen Modellansätzen. Die Dissertation kann als Beitrag...
Persistent link: https://www.econbiz.de/10012154125
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 …
Persistent link: https://www.econbiz.de/10012172202