Frale, Cecilia; Marcellino, Massimiliano; Mazzi, Gian Luigi - Department of Economics, European University Institute - 2009
contribution of survey variables as coincident indicators. Within this framework we evaluate both the in-sample contribution of the … second survey-based factor, and the short term forecasting performance of the model in a pseudo-real time experiment. We find … that the survey-based factor plays a significant role for two components of GDP: Industrial Value Added and Exports …