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Nowcasting Euro area economic activity in real time: the role of confidence indicators

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Article

Giannone, Domenico ; Reichlin, Lucrezia ; Simonelli, Saverio

National Institute Economic Review

2009

210

Oct.

90-97

economic forecast ; statistical method

EU countries

Economics

English

Bibliogr.

"This paper assesses the role of qualitative surveys for the early estimation of GDP in the Euro Area in a model-based automated procedure which exploits the timeliness of their release. The analysis is conducted using both an historical evaluation and a real-time case study on the current conjuncture."

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