G2TT
来源类型Discussion paper
规范类型论文
来源IDDP15403
DP15403 A Comparison of Monthly Global Indicators for Forecasting Growth
Christiane Baumeister; Pierre Guerin
发表日期2020-10-22
出版年2020
语种英语
摘要This paper evaluates the predictive content of a set of alternative monthly indicators of global economic activity for nowcasting and forecasting quarterly world GDP using mixed-frequency models. We find that a recently proposed indicator that covers multiple dimensions of the global economy consistently produces substantial improvements in forecast accuracy, while other monthly measures have more mixed success. This global economic conditions indicator contains valuable information also for assessing the current and future state of the economy for a set of individual countries and groups of countries. We use this indicator to track the evolution of the nowcasts for the US, the OECD area, and the world economy during the coronavirus pandemic and quantify the main factors driving the nowcasts.
主题International Macroeconomics and Finance ; Monetary Economics and Fluctuations
关键词Midas models Global economic conditions World gdp growth Nowcasting Forecasting Mixed frequency
URLhttps://cepr.org/publications/dp15403
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/544388
推荐引用方式
GB/T 7714
Christiane Baumeister,Pierre Guerin. DP15403 A Comparison of Monthly Global Indicators for Forecasting Growth. 2020.
条目包含的文件
条目无相关文件。
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Christiane Baumeister]的文章
[Pierre Guerin]的文章
百度学术
百度学术中相似的文章
[Christiane Baumeister]的文章
[Pierre Guerin]的文章
必应学术
必应学术中相似的文章
[Christiane Baumeister]的文章
[Pierre Guerin]的文章
相关权益政策
暂无数据
收藏/分享

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。