Forecasting and nowcasting macroeconomic variables: a methodological overview
We consider the reasons for nowcasting, how nowcasts can be achieved, and the use and timing of information. The existence of contemporaneous data such as surveys is a major difference from forecasting, but many of the recent lessons about forecasting remain relevant. Given the extensive disaggreg...
| Main Authors: | , , |
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| Format: | Working paper |
| Published: |
University of Oxford
2013
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