Gross domestic product (GDP) is the key indicator of the health of an economy and can be easily compared across … countries. But it has limitations. GDP tells what is going on today, but does not inform about sustainability of growth. It does … not measure happiness, so residents can be dissatisfied even when GDP is rising. GDP does not consider environmental …

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 …. While every transaction made with these payment mechanisms is in principle observable, the data are aggregated for …

A VAR analysis of Swiss data from 1987 to 2015 provides no evidence for significant long and short run influence of … leverage on GDP, credit and the interest rate spread. Increasing capital requirements for banks should therefore have no strong …

Due to the phenomenon of revision, published macroeconomic data can never be regarded as final, because they are … of expected future routine revisions, based on the time series properties of the revisions and the data. We intend to …. We applied this methodology to the time series of Hungarian GDP. Based on our results, GDP growth in 2016 is expected to …