QSBO as a forecasting tool
AbstractNZIER’s Quarterly Survey of Business Opinion (QSBO) contains a 50 year history of business opinion. While its predictive capabilities are well known, there are many more applications that can be pursued using QSBO data. This paper investigates one application, using the QSBO to forecast GDP and inflation up to four quarters ahead of official data releases.
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Bibliographic InfoPaper provided by New Zealand Institute of Economic Research in its series NZIER Working Paper with number 2011/5.
Length: 16 pages
Date of creation: 19 Oct 2011
Date of revision:
economic forecasting; business surveys;
Find related papers by JEL classification:
- C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
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