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
Englisch

Bibliographic citation
Series: KOF Working Papers ; No. 281

Classification
Wirtschaft
Forecasting Models; Simulation Methods
Prices, Business Fluctuations, and Cycles: Forecasting and Simulation: Models and Applications
Subject
GDP revisions
forecasting
mixed-frequency data
factor model

Event
Geistige Schöpfung
(who)
Siliverstovs, Boriss
Event
Veröffentlichung
(who)
ETH Zurich, KOF Swiss Economic Institute
(where)
Zurich
(when)
2011

DOI
doi:10.3929/ethz-a-006499473
Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Siliverstovs, Boriss
  • ETH Zurich, KOF Swiss Economic Institute

Time of origin

  • 2011

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