Arbeitspapier

An area-wide real-time database for the euro area

This paper describes how we constructed a real-time database for the euro area covering more than 200 series regularly published in the European Central Bank Monthly Bulletin, as made available ahead of publication to the Governing Council members before their first meeting of the month. We describe the database in details and study the properties of the euro area real-time data flow and data revisions, also providing comparisons with the United States and Japan. We finally illustrate how such revisions can contribute to the uncertainty surrounding key macroeconomic ratios and the NAIRU.

Language
Englisch

Bibliographic citation
Series: ECB Working Paper ; No. 1145

Classification
Wirtschaft
Econometrics
Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Central Banks and Their Policies
Subject
database
euro area
real-time
revisions
Geldpolitik
Zeit
Datenbank
Natürliche Arbeitslosenquote
EWR-Staaten
USA
Japan

Event
Geistige Schöpfung
(who)
Giannone, Domenico
Henry, Jérôme
Lalik, Magdalena
Modugno, Michele
Event
Veröffentlichung
(who)
European Central Bank (ECB)
(where)
Frankfurt a. M.
(when)
2010

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Giannone, Domenico
  • Henry, Jérôme
  • Lalik, Magdalena
  • Modugno, Michele
  • European Central Bank (ECB)

Time of origin

  • 2010

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