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...

Statistical methods are widely used for valuation (prediction of the value at sale or auction) of a unique object such as a work of art. The usual approach is estimation of a hedonic model for objects of a given class, such as paintings from a particular school or period, or in the context of...

Considera la estimacion de variables en ecuaciones lineales de Euler, donde los regresores puedan ser no estacionarios, y propone un procedimiento multietapico que usa informacion obtenida del pretest del orden de integracion de datos de series, para mejorar el procedimiento de especificacion y...

Since the advent of standard national accounts data over 60 years ago, economists have traditionally relied on monthly or quarterly data supplied by central statistical agencies for macroeconomic modelling and forecasting. However, technological advances of the past several years have resulted...