Panel data nowcasting

نویسندگان

چکیده

This article promotes the use of panel data methods in nowcasting. shifts focus literature from national to regional nowcasting variables like gross domestic product (GDP). We propose a mixed-frequency VAR model and bias-corrected least squares estimator which attenuates bias fixed effects dynamic settings. Simulations show that forecast selection combination are successfully adapted setting. Our novel empirical application quarterly U.S. state-level real GDP growth highlights success nowcasting, as well gains pooling information across states.

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ژورنال

عنوان ژورنال: Econometric Reviews

سال: 2022

ISSN: ['1532-4168', '0747-4938']

DOI: https://doi.org/10.1080/07474938.2021.2017670