Online office

  • Español
  • English
  • Català
  • Euskara
  • Galego
  • Valenciano
    • Español
    • English
    • Català
    • Euskara
    • Galego
    • Valenciano

    AIReF English

    “Our mission is to guarantee effective compliance of the financial sustainability principle by the General Goverment”

    Working Paper 4/2015. Integrated model of short-term forecasting of the Spanish economy (MIPred model)

    E0892_IMG This paper presents a methodology for predicting in real-time GDP and its demand components simultaneously. The model consists of a set of dynamic factor models for both GDP and its demand components, plus a balancing procedure to ensure the transversal consistency of these forecasts, thus providing a consistent set of estimates based on the statistically most useful indicators about current economic activity and demand developments. The methodology is applied to the Spanish economy, presenting real-time quarterly estimates of GDP and its demand components.

    Share on facebook
    Share on twitter
    Share on linkedin
    Share on whatsapp
    Últimas noticias: