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• W3202017299 abstract "Summary This paper focuses on nowcasts of tail risk to GDP growth, with a potentially wide array of monthly and weekly information used to produce nowcasts on a weekly basis. We consider Bayesian mixed frequency regressions with stochastic volatility and Bayesian quantile regressions. Our results show that, within some limits, more information helps the accuracy of nowcasts of tail risk to GDP growth. Accuracy typically improves as time moves forward within a quarter, making additional data available, with monthly data more important to accuracy than weekly data. Accuracy also typically improves with the use of financial indicators in addition to a base set of macroeconomic indicators." @default.
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• W3202017299 date "2022-06-09" @default.
• W3202017299 modified "2023-09-26" @default.
• W3202017299 title "Nowcasting tail risk to economic activity at a weekly frequency" @default.
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• W3202017299 doi "https://doi.org/10.1002/jae.2903" @default.
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