Forecasting economic growth in the euro area during the Great Moderation and the Great Recession

"We evaluate forecasts for the euro area in data-rich and ‘data-lean’ environments by comparing three different approaches: a simple PMI model based on Purchasing Managers’ Indices (PMIs), a dynamic factor model with euro area data, and a dynamic factor model with data from the euro plus data f...

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Bibliographic Details
Main Authors: Lombardi, Marco J., Maier, Philipp
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Frankfurt am Main 2011
ECB
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19136475124919546579-Forecasting-economic-growth-in.htm

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