Introducing the Euro-STING: Short-Term INdicator of Euro Area Growth


We set out a model to compute short-term forecasts of the euro area GDP growth in real-time. To allow for forecast evaluation, we construct a real-time data set that changes for each vintage date and includes the exact information that was available at the time of each forecast. With this data set, we show that our simple factor model algorithm, which uses… (More)


16 Figures and Tables