Abstract:The opinions contained in this document are the sole responsibility of the authors and do not commit Banco de la República or its Board of Directors.
AbstractEconomic activity nowcasting (i.e. making current-period estimates) is convenient because most traditional measures of economic activity come with substantial lags. We aim at nowcasting ISE, a short-term economic activity indicator in Colombia. Inputs are ISE's lags and a dataset of payments made with electronic transfers and cheques among individuals, fi… Show more
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