Point and interval nowcasts of the Euro area IPI
Opinion surveys are an important element in the analysis of the short-term economic situation because of the timeliness and nature of the information they convey. The aim of this article is to propose a procedure to nowcast in real-time the fluctuations of the industrial production indices (IPI) for the aggregated euro area, by incorporating the information contained in the industrial opinion surveys. We present a pooling procedure, each nowcasted value stemming from a calibration model. The confidence intervals for IPI nowcasts are computed by bootstrap.
Volume (Year): 14 (2007)
Issue (Month): 2 ()
|Contact details of provider:|| Web page: http://www.tandfonline.com/RAEL20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/RAEL20|
When requesting a correction, please mention this item's handle: RePEc:taf:apeclt:v:14:y:2007:i:2:p:115-120. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty)
If references are entirely missing, you can add them using this form.