This paper demonstrates how the real-time forecasting accuracy of different Brent oil price forecast models changes over time. We find considerable instability in the performance of all models evaluated and argue that relying on average forecasting statistics might hide important information on...

Output gap estimates are subject to a wide range of uncertainty owing to data revisions and the difficulty in distinguishing between cycle and trend in real time. This is important given the central role in monetary policy of assessments of economic activity relative to capacity. We show that...

The problem of optimizing information flows is a key element of sustainable development organizations through its simplicity and accuracy that implies. The exponential growth in the volume of data that is processed to synthesize the necessary information requires management concepts, methods and...

At present, there are many factors limiting large area centralized, rapid development, and moderately large-scale land operation in China. These factors include (i) the existing land utilization system is still at adaptation stage, and it lacks universal agreement of people on large-scale land...

This paper provides early assessments of current U.S. Nominal GDP growth, which has been considered as a potential new monetary policy target. The nowcasts are computed using the exact amount of information that policy makers have available at the time predictions are made. However, real time...

This paper proposes a measure of real-time inflation expectations based on metadata, i.e., data about data, constructed from internet search queries performed on the search engine Google. The forecasting performance of the Google Inflation Search Index (GISI) is assessed relative to 37 other...

Progress of information technologies and their applications create the necessary need to explore the analysis of techniques to estimate the impact of architecture control system on dynamic characteristics of control. Major impact factors on dynamics and quality of visualization, control modes...

The problem of optimizing information flows is a key element of sustainable development organizations through its simplicity and accuracy that implies. The exponential growth in the volume of data that is processed to synthesize the necessary information requires management concepts, methods and...

In the production function approach, an accurate output gap assessment requires a careful evaluation of the total factor productivity (TFP) cycle. We build a common cycle model that links TFP to capacity utilization and we show that, in almost all of the pre-enlargement EU countries, using...

This paper provides early assessments of current U.S. Nominal GDP growth, which has been con- sidered as a potential new monetary policy target. The nowcasts are computed using the exact amount of information that policy makers have available at the time predictions are made. However, real time...