Similar Search Results

Output gaps and cyclical indicators : Finnish evidence

Pönkä, Harri; Sariola, Mikko - 2021

The output gap is a commonly used tool to assess the state of the business cycle, and as such, a key input for policy makers. In this article, we employ principal components analysis (PCA) to derive an estimate of the output gap in Finland that summarizes the information of widely used cyclical...

Persistent link: https://www.econbiz.de/10012631046

Bank of Finland's long-run forecast framework with human capital

Kokkinen, Arto; Obstbaum, Meri; Mäki-Fränti, Petri - 2021

capital. A central result is a pronounced projected decrease in human capital, substantially weighing on the long-run GDP …

Persistent link: https://www.econbiz.de/10012703120

Nowcasting Finnish GDP growth using financial variables : a MIDAS approach

Laine, Olli-Matti; Lindblad, Annika - 2020

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 …

Persistent link: https://www.econbiz.de/10012214415