Arbeitspapier
Are GDP revisions predictable? Evidence for Switzerland
This study presents a model that delivers more accurate forecasts of the revised rather initial estimates of the quarterly GDP growth rate in Switzerland during the period of the recent financial crisis. The key explanation to our findings is that our model, capitalizing on the information contained in the Business Tendency Surveys, is able to predict future revisions of the initial estimates. Our findings imply that there seems to be a scope for improvement of how preliminary estimates of the quarterly GDP growth rate are produced in Switzerland.
- Language
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Englisch
- Bibliographic citation
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Series: KOF Working Papers ; No. 281
- Classification
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Wirtschaft
Forecasting Models; Simulation Methods
Prices, Business Fluctuations, and Cycles: Forecasting and Simulation: Models and Applications
- Subject
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GDP revisions
forecasting
mixed-frequency data
factor model
- Event
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Geistige Schöpfung
- (who)
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Siliverstovs, Boriss
- Event
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Veröffentlichung
- (who)
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ETH Zurich, KOF Swiss Economic Institute
- (where)
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Zurich
- (when)
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2011
- DOI
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doi:10.3929/ethz-a-006499473
- Handle
- Last update
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10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Siliverstovs, Boriss
- ETH Zurich, KOF Swiss Economic Institute
Time of origin
- 2011