“…Following Giannone et al (2008), there is now a large literature on nowcasting with DFM. Recent contributions include: Brazil (Bragoli et al 2015), BRIC countries and Mexico (Dahlhaus et al 2015), China (Giannone et al 2013), France (Barhoumi et al 2010), Indonesia (Luciani et al 2015), Ireland (D'Agostino et al 2013), New Zealand (Matheson 2010), Norway (Aastveit et al 2011 andRicci 2014), and the United States (Giannone et al 2008). A recent paper by Bragoli and Modugno (2016) constructs a DFM for Canada that bears many similarities with the model developed in this paper.…”