![Central Banking](https://www.centralbanking.com/sites/default/files/styles/print_logo/public/2017-03/print-logo.png?itok=_maJqRIT)
ECB paper suggests faster methods for estimating eurozone employment
Nowcasting tools outperform models currently used by ECB, researchers say
![ecb-hq-3 ecb-hq-3](/sites/default/files/styles/landscape_750_463/public/import/IMG/700/353700/ecb-hq-3.jpeg.webp?h=a959cb97&itok=dLkdp-BJ)
A working paper published by the European Central Bank presents a new approach to estimating the performance of the eurozone’s labour market.
In Nowcasting employment in the euro area, Marta Bańbura, Irina Belousova, Katalin Bodnár and Máté Barnabás Tóth aim at improving the timeliness of labour data. Official statistics on the eurozone’s labour market “are published with a considerable lag, longer than in the case of real GDP”, the authors note.
They present a suite of models designed to
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 print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com