01616nam a2200289 a 4500 1/51306 051123s2004 lu u pdd 0 0gre 92-894-8366-0 1016-8060 (print) 1725-3187 (online) ECFIN/REP.50402/04-EN 33187 GR-PeUP eng ΚΕΤ Αλφαβητική σειρά Grenouilleau, Daniel. A sorted leading indicators dynamic (SLID) factor model for short-run euro-area GDP forecasting / Grenouilleau Daniel. Brussels ; Belgium : European Commission: Directorate-General for Economic and Financial Affairs, 2004. 46 σ. ; 30 εκ. Internal paper This paper introduces a statistical model for short-term GDP forecasting based on approximate dynamic factors, Stock and Watson methodology, extracted from a very large number of leading indicators at several lags. Given that factor extraction is performed on many series from all countries of the euro area, the common component to all predictors reflects the overall business cycle of the euro area and can accordingly provide a good proxy for euro area GDP. Economic Papers European Commission : Directorate-General for Economic and Financial Affairs. Economic papers December 2004, No 219. European Economy. Economic papers ; 219. INST UNIPILB KET 20090317 EEEP 219 EEEP 219 NOLOAN 23 1 http://ec.europa.eu/economy_finance/publications/publication_summary522_en.htm