Evaluation of Luxembourg paper produces ‘encouraging’ results

Working paper evaluates monthly indicator it uses to forecast GDP


The monthly indicator used by the Central Bank of Luxembourg to analyse the business cycle and forecast GDP growth between 2007 and 2013 delivered a "satisfactory" performance, according to research published yesterday.

The working paper, 2007–13: This is what the indicator told us – evaluating the performance of real-time nowcasts from a dynamic factor model, notes the indicators were developed using a database of around 100 economic and financial time series.

The author, Muriel Nguiffo-Boyom

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account