In this chapter we provide a step by step approach, accompanied by specific recom-mendations for the use of big data for macroeconomic nowcasting. This step-by-step approach is intended to guide the researcher from the identification and the choice of Big Data to its pre-treatment and econometric modelling until the comparative evaluation of results to obtain a very useful tool for decision about the use or not of Big Data.
Guidance and recommendations on the use of Big data for macroeconomic nowcasting
Marcellino, Massimiliano;
2017
Abstract
In this chapter we provide a step by step approach, accompanied by specific recom-mendations for the use of big data for macroeconomic nowcasting. This step-by-step approach is intended to guide the researcher from the identification and the choice of Big Data to its pre-treatment and econometric modelling until the comparative evaluation of results to obtain a very useful tool for decision about the use or not of Big Data.
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Handbook on Rapid Estimates_COVER E INDICE.pdf
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Descrizione: Copertina e indice del volume
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Allegato per valutazione Bocconi (Attachment for Bocconi evaluation)
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NON PUBBLICO - Accesso privato/ristretto
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