Panel data nowcasting
نویسندگان
چکیده
This article promotes the use of panel data methods in nowcasting. shifts focus literature from national to regional nowcasting variables like gross domestic product (GDP). We propose a mixed-frequency VAR model and bias-corrected least squares estimator which attenuates bias fixed effects dynamic settings. Simulations show that forecast selection combination are successfully adapted setting. Our novel empirical application quarterly U.S. state-level real GDP growth highlights success nowcasting, as well gains pooling information across states.
منابع مشابه
Nowcasting and Predicting Data Revisions in Real Time Using Qualitative Panel Survey Data
The qualitative responses that firms give to business survey questions regarding changes in their own output provide a real-time signal of official output changes. The most commonly-used method to produce an aggregate quantitative indicator from business survey responses – the net balance, or diffusion index – has changed little in 40 years. It focuses on the proportion of survey respondents re...
متن کاملElectrical thunderstorm nowcasting using lightning data mining
This paper presents a study developed at SIMEPAR (Paraná state weather service) using lightning data for electrical thunderstorm nowcasting. Thunderstorm electrical data collected at SIMEPAR such as lightning location, time of occurrence, current intensity, polarity, etc, are stored in real-time in a relational database. As a first step of this study, Microsoft Business Intelligence bundled wit...
متن کاملNowcasting Inflation Using High Frequency Data
NOTE: This Working Paper should not be reported as representing the views of the European Central Bank (ECB). The views expressed are those of the author and do not necessarily reflect those of the ECB. In 2011 all ECB publications feature a motif taken from the €100 banknote. Fax +49 69 1344 6000 All rights reserved. Any reproduction, publication and reprint in the form of a different publicat...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Econometric Reviews
سال: 2022
ISSN: ['1532-4168', '0747-4938']
DOI: https://doi.org/10.1080/07474938.2021.2017670