Nowcasting economic activity using transaction payments data
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More about this item
Keywords
Nowcasting; GDP; Machine learning; Payments data; COVID-19;All these keywords.
JEL classification:
- C52 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Evaluation, Validation, and Selection
- C53 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Forecasting and Prediction Models; Simulation Methods
- C55 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Large Data Sets: Modeling and Analysis
- E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BIG-2023-05-01 (Big Data)
- NEP-CMP-2023-05-01 (Computational Economics)
- NEP-EEC-2023-05-01 (European Economics)
- NEP-FDG-2023-05-01 (Financial Development and Growth)
- NEP-MAC-2023-05-01 (Macroeconomics)
- NEP-PAY-2023-05-01 (Payment Systems and Financial Technology)
Statistics
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