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We assess the usefulness of a large set of electronic payments data comprising debit and credit card transactions, as well as cheques that clear through the banking system, as potential indicators of current GDP growth. These variables capture a broad range of spending activity and are available...
Persistent link: https://www.econbiz.de/10011664042
. This paper examines the usefulness of Google search data in nowcasting euro area car sales, as a leading macroeconomic … making. The paper finds that, while Google data may have predictive capabilities for nowcasting euro area car sales, further …
Persistent link: https://www.econbiz.de/10011936143