Econometric analyses with backdated data: unified Germany and the euro area

Arbeitspapier

In this paper we compare alternative approaches for the construction of time series of macroeconomic variables for Unified Germany prior to 1991, and then use them for the construction of corresponding time series for the euro area. The resulting series for Germany and the euro area are compared with existing ones on the basis of both descriptive statistics and results of econometric analyses conducted with the alternative time series. We find that more sophisticated time series methods for backdating can yield sizeable gains.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ECB Working Paper ; No. 752

Classification and Topics

• Classification: Wirtschaft ; Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models ; Index Numbers and Aggregation; Leading indicators ; Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access
• Subject: Backdating ; euro area ; factor model ; Unified Germany ; Zeitreihenanalyse ; Nationaleinkommen ; Deutschland ; EU-Staaten

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Angelini, Elena ; Marcellino, Massimiliano
• Event: Veröffentlichung
• (who): European Central Bank (ECB)
• (where): Frankfurt a. M.
• (when): 2007

Further information

• Handle: http://hdl.handle.net/10419/153186
• Last update: 10.03.2025, 11:44 AM CET