Show simple item record

Nowcasting Indonesia

dc.contributor.authorLuciani, Matteo
dc.contributor.authorPundit, Madhavi
dc.contributor.authorRamayandi, Arief
dc.contributor.authorVeronese, Giovanni
dc.date.accessioned2015-12-24T01:51:52Z
dc.date.available2015-12-24T01:51:52Z
dc.date.issued2015-12-14
dc.identifier.issn2313-6537 (Print), 2313-6545 (e-ISSN)en_US
dc.identifier.urihttp://hdl.handle.net/11540/5299
dc.description.abstractWe produce predictions of the current state of the Indonesian economy by estimating a Dynamic Factor Model on indicators closely watched by market operators over the period of 2002–2014. Besides the standard difficulties associated with constructing timely indicators of current economic conditions, Indonesia presents additional challenges typical to emerging market economies where data are often scant and unreliable. By means of a pseudo-real-time forecasting exercise, we show that our predictions are comparable to those of market operators. Careful selection of indicators is also shown to be crucial for better forecast performance when data quality is low.en_US
dc.languageEnglishen_US
dc.publisherAsian Development Banken_US
dc.rightsCC BY 3.0 IGOen_US
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/en_US
dc.titleNowcasting Indonesiaen_US
dc.subject.expertDevelopment Economicsen_US
dc.subject.expertRegional Economic Developmenten_US
dc.subject.expertEconomic Impacten_US
dc.subject.expertAsian Development Banken_US
dc.subject.expertDevelopmenten_US
dc.subject.adbEconomies in transitionen_US
dc.subject.adbEconomic agreementsen_US
dc.subject.adbEconomic developmenten_US
dc.subject.adbEconomic indicatorsen_US
dc.subject.naturalComparative economicsen_US
dc.subject.naturalRegional economicsen_US
dc.subject.naturalEconomic development projectsen_US
dc.title.seriesEconomics Working Paper Seriesen_US
dc.title.volumeNo. 471
oar.themeEconomicsen_US
oar.countryIndonesiaen_US
scholarcheck.prominentcontributor0
scholarcheck.peerreviewed0
scholarcheck.contributor.hascontributor1
scholarcheck.serial.hasserial1
scholarcheck.topic.cleartopic1
scholarcheck.topic.clearproblem1
scholarcheck.form.visualdata1
scholarcheck.form.references1
scholarcheck.form.logicalorder1
scholarcheck.language.technicaltone1
scholarcheck.language.technicalterms1
scholarcheck.language.hassummary1
oar.authorLuciani, Matteo
oar.authorPundit, Madhavi
oar.authorRamayandi, Arief
oar.authorVeronese, Giovanni
oar.googlescholar.linkpresenttrue


Files in this item

Thumbnail
Name:
EWP_471_Nowcasting INO_14Dec_W ...
Size:
856.7Kb
Format:
PDF
Description:
PDF
View/Open

This item appears in the following Collection(s)

Show simple item record

Users also downloaded

  • Thumbnail

    CAREC Transport and Trade Facilitation Strategy 2020 

    Asian Development Bank (Asian Development Bank, 2013-10-24)
    The Central Asia Regional Economic Cooperation (CAREC) Transport and Trade Facilitation Strategy (TTFS) was refined to account for changes in the CAREC Program since 2008, particularly expanded membership and the new strategic framework (CAREC 2020). ...
  • Thumbnail

    Public Service Spending: Efficiency and Distributional Impact—Lessons from Asia 

    Lavado, Rouselle F.; Domingo, Gabriel Angelo (Asian Development Bank, 2015-07-03)
    Efficiency and equity are cornerstone concepts in rational service delivery in the public sector. This paper benchmarks efficiency and equity in public spending on health, education, and social protection in a broad group of Asian Development Bank ...
  • Thumbnail

    Lessons for South Asia from the Industrial Cluster Development Experience of the Republic of Korea 

    Kim, Jong-il (Asian Development Bank, 2015-08-27)
    Industrial development, particularly the growth of manufacturing activity, is important for economic growth and poverty reduction in South Asia. This report presents the evolution of industrial policy along with the promotion of industrial cluster ...