Finance and Economics Discussion Series: Nowcasting Gdp and Inflation: The Real-Time Informational Content of Macroeconomic Data Releases by Domenico Giannone

Finance and Economics Discussion Series: Nowcasting Gdp and Inflation: The Real-Time Informational Content of Macroeconomic Data Releases

Domenico Giannone

46 pages missing pub info (editions)

nonfiction politics
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This paper formalizes the process of updating the nowcast and forecast on output and inflation as new releases of data become available. The marginal contribution of a particular release for the value of the signal and its precision is evaluated b...

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