Conventional and unconventional data for nowcasting and forecasting the European economy. Monthly time series by country for France, Germany, Italy and Spain. Each data set gathers country-specific traditional macro-economic series from statistical agencies, as well as big data alternative variables that can provide timely signals of economic developments. Examples of big data variables are text-based sentiment measures, indicators of media attention on economic topics or air quality indicators.
The country data sets in this collection are updated weekly with an automatic procedure. The presence of missing values could result from a problem in downloading the respective series. For details on the application of the data set for economic nowcasting, check out the work by Barbaglia et al., “Testing Big Data in a Big Crisis: Nowcasting under COVID-19”
(2022), International Journal of Forecasting.
Monthly data set of conventional and uncoventional variables for economic nowcasting in Spain. The variables are aggregated monthly by averaging the latest available value at the t...
Monthly data set of conventional and uncoventional variables for economic nowcasting in Italy. The variables are aggregated monthly by averaging the latest available value at the t...
Monthly data set of conventional and uncoventional variables for economic nowcasting in Germany. The variables are aggregated monthly by averaging the latest available value at the...
Monthly data set of conventional and uncoventional variables for economic nowcasting in France. The variables are aggregated monthly by averaging the latest available value at the ...