New Indicators for Tracking Growth in Real Time »
Journal Issue
Volume/Issue: 2011/43
Series: IMF Working Papers
Author(s): Troy Matheson
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2011
DOI: http://dx.doi.org/10.5089/9781455218998.001
ISBN: 9781455218998
Keywords: Nowcasting, Short-term forecasting, Real-time data, gdp growth, forecasting, real gdp, equation, Model Construction and Estimation, Forecasting and Other Model Applications, General Aggregative Models: Forecasting and Simulation,
We develop monthly indicators for tracking growth in 32 advanced and emerging-market economies. We test the historical performance of our indicators and find that they do a good job at describing the business cycle...