Timely measurement of the state of the economy relies traditionally on low-frequency observations of a few economic aggregates that refer to previous weeks, months, or even quarters. A prominent example is the advance estimate of GDP released quarterly about a month after the end of the quarter.
Distilling the macroeconomic news flow
Alessandro Beber, Michael W Brandt, Maurizio Luisi, 19 April 2013
Contagion during the Greek sovereign debt crisis
Jakob de Haan, Mark Mink, 23 February 2012
In the course of 2010, the financial problems of Greece became so severe that the Eurozone countries together with the IMF agreed to provide emergency loans for a total amount of €110 billion, to be disbursed over the period May 2010 through June 2013.
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- The ECB’s stealth bailoutSinn
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
Adelman, 28 October 2013
Reichlin, Giugliano, 7 November 2013
Holmes, McGrattan, Prescott
Beck, De Haas, Ongena