Future directions in nowcasting economic activity: A systematic literature review

A Stundziene, V Pilinkiene… - Journal of Economic …, 2023 - Wiley Online Library
This paper presents a systematic review of research papers on nowcasting economic
activity. The study summarizes the state‐of‐the‐art nowcasting approaches and methods …

Machine learning time series regressions with an application to nowcasting

A Babii, E Ghysels, J Striaukas - Journal of Business & Economic …, 2022 - Taylor & Francis
This article introduces structured machine learning regressions for high-dimensional time
series data potentially sampled at different frequencies. The sparse-group LASSO estimator …

Forecasting with economic news

L Barbaglia, S Consoli, S Manzan - Journal of Business & …, 2023 - Taylor & Francis
The goal of this article is to evaluate the informational content of sentiment extracted from
news articles about the state of the economy. We propose a fine-grained aspect-based …

The Daily Economic Indicator: tracking economic activity daily during the lockdown

N Lourenço, A Rua - Economic Modelling, 2021 - Elsevier
The SARS-CoV-2 outbreak made clear the urgent need to depart from traditional statistics,
typically released with a lag and available at a relatively low frequency. This led to …

[PDF][PDF] Using payment system data to forecast economic activity

V Aprigliano, G Ardizzi, L Monteforte - 60th issue (October 2019) of the …, 2019 - ijcb.org
Payment systems trace economic transactions; they could therefore be considered important
indicators of economic activity. This paper describes the monthly data available on Italy's …

Tracking weekly state-level economic conditions

C Baumeister, D Leiva-León, E Sims - Review of Economics and …, 2024 - direct.mit.edu
This paper develops a novel dataset of weekly economic conditions indices for the 50 US
states going back to 1987 based on mixed-frequency dynamic factor models with weekly …

Nowcasting euro area GDP with news sentiment: a tale of two crises

J Ashwin, E Kalamara, L Saiz - Journal of Applied …, 2024 - Wiley Online Library
This paper shows that newspaper articles contain signals that can materially improve real‐
time nowcasts of real GDP growth for the Euro area. Using articles from 15 popular …

Words or numbers? Macroeconomic nowcasting with textual and macroeconomic data

T Zheng, X Fan, W Jin, K Fang - International Journal of Forecasting, 2024 - Elsevier
This paper performs the nowcasting of GDP growth rate and inflation expectation in China
with traditional macroeconomic and novel textual data estimated by the latent Dirichlet …

Nowcasting Norwegian household consumption with debit card transaction data

KA Aastveit, TM Fastbø, E Granziera… - Journal of Applied …, 2020 - Wiley Online Library
We use a novel data set covering all domestic debit card transactions in physical terminals
by Norwegian households, to nowcast quarterly Norwegian household consumption. These …

Ethics of digital well-being

C Burr, L Floridi - Philosophical Studies Series, 2020 - Springer
Philosophical Studies aims to provide a forum for the best current research in contemporary
philosophy broadly conceived, its methodologies, and applications. Since Wilfrid Sellars and …