-noise dynamic factor models, commonly used in macroeconomic forecasting and nowcasting. We show analytically and in Monte Carlo … estimation accuracy. Modestly increasing the noise level also accelerates convergence. A nowcasting exercise of euro area GDP …

investment, which are available at a quarterly frequency. While nowcasting uses data up to (and including) the quarter to be … that taking explicit account of regimes clearly improves nowcasting, and different regimes are important for GDP … certain regimes, like tourist arrivals in the non-recession regime when nowcasting consumption, while other variables are …

indicators are used to nowcast each expenditure component of GDP. The nowcasting framework is found to be a valuable tool in …

2018. The DFM methodology offers a powerful and tractable means of nowcasting economic growth while accounting for mixed … content for GDP growth in India, a novel result from the viewpoint of the existing nowcasting literature. …

monthly indicators in nowcasting GDP growth. These insights should help improve recently developed high-frequency indicators. …