Survey Data and Short-Term Forecasts of Swedish GDP Growth
AbstractIn this paper, the author evaluates forecasting models for Swedish GDP growth which make use of data from Sweden´s most important business survey, the Economic Tendency Survey. Employing nine years of quarterly real-time data, an out-of-sample forecast exercise is conducted. Results indicate that the survey data have informational value that can be used to improve forecasts, thereby confirming the empirical relevance of survey data for GDP forecasters.
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Bibliographic InfoPaper provided by National Institute of Economic Research in its series Working Paper with number 130.
Length: 15 pages
Date of creation: 13 Sep 2013
Date of revision:
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More information through EDIRC
Out-of-sample forecasts; Real-time data;
Find related papers by JEL classification:
- E22 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity
- E27 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-09-26 (All new papers)
- NEP-FOR-2013-09-26 (Forecasting)
- NEP-MAC-2013-09-26 (Macroeconomics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Huhtala, Anni & Samakovlis, Eva, 2003. "Green Accounting, Air Pollution and Health," Working Paper 82, National Institute of Economic Research.
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