When are Google Data Useful to Nowcast GDP? An Approach via Preselection and Shrinkage

DOI10.1080/07350015.2022.2116025arXiv2007.00273MaRDI QIDQ6190731

Laurent Ferrara, Anna Simoni

Publication date: 6 March 2024

Published in: Journal of Business & Economic Statistics (Search for Journal in Brave)

Full work available at URL: https://arxiv.org/abs/2007.00273

zbMATH Keywords

big datanowcastingGoogle search dataRidge regularizationtargeted preselection

Mathematics Subject Classification ID

Applications of statistics to economics (62P20)

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