Citation

Discussion Paper Details

Please find the details for DP7673 in an easy to copy and paste format below:

Full Details   |   Bibliographic Reference

Full Details

Title: An Area-Wide Real-Time Database for the Euro Area

Author(s): Domenico Giannone, Jérôme Henry, Magdalena Lalik and Michele Modugno

Publication Date: January 2010

Keyword(s): database, euro area, real-time and revisions

Programme Area(s): International Macroeconomics

Abstract: This paper describes how we constructed a real-time database for the euro area covering more than 200 series regularly published in the European Central Bank Monthly Bulletin, as made available ahead of publication to the Governing Council members before their first meeting of the month. We describe the database in details and study the properties of the euro area real-time data flow and data revisions, also providing comparisons with the United States and Japan. We finally illustrate how such revisions can contribute to the uncertainty surrounding key macroeconomic ratios and the NAIRU.

For full details and related downloads, please visit: https://cepr.org/active/publications/discussion_papers/dp.php?dpno=7673

Bibliographic Reference

Giannone, D, Henry, J, Lalik, M and Modugno, M. 2010. 'An Area-Wide Real-Time Database for the Euro Area'. London, Centre for Economic Policy Research. https://cepr.org/active/publications/discussion_papers/dp.php?dpno=7673