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Title: | Aplicarea metodei Nowcast pentru estimarea agregatelor macroeconomice ale Republicii Moldova |
Other Titles: | Application of the Nowcast method for the estimation of the Republic Moldova macroeconomic aggregates |
Authors: | Cara, Elena Blanuţa, Victoria |
Keywords: | bridge equations factor model Nowcast Gross Domestic Product short-term forecast |
Issue Date: | Sep-2020 |
Publisher: | ASEM |
Abstract: | The assessment of the current economic situation in real time is neccesary for policymakers to take prompt, appropriate and immediate impact measures. An acceptable tool for this purpose is the ”Nowcast” method – a modern macroeconometric approach with high performance. The selected model for the ”Nowcast” estimation provides the following: the common factors estimation capturing a big number of high frequency indicators and macroeconomic aggregates growth estimation using the estimated factors within a standard regressional framework. The ”Nowcast” economic growth estimation in real time has already proved its utility for the national economic situation assessment before the macroeconomic statistical data are made available, especially in times of economic crisis. JEL: E6, L83, K38 |
Description: | CARA, Elena, BLANUȚA, Victoria. Aplicarea metodei Nowcast pentru estimarea agregatelor macroeconomice ale Republicii Moldova. În: Competitivitate şi inovare în economia cunoaşterii [online]: culegere de rezumate: conf. şt. intern., 25-26 sept. 2020. Ediţia a 22-a. Chişinău: ASEM, 2020, pp. 44-47. E-ISBN 978-9975-75-986-1. |
URI: | http://irek.ase.md:80/xmlui/handle/1234567890/999 |
ISBN: | 978-9975-75-986-1 |
Appears in Collections: | 2.Articole |
Files in This Item:
File | Description | Size | Format | |
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Cara_E_Blanuta_V_Culegere de rezumate Sept_2020.pdf | 420 kB | Adobe PDF | ![]() View/Open |
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