R/nowcasting.R

#' @title Nowcast Analysis and Create Real-Time Data Basis
#'
#' @description 
#' This package is an initiative of the Center for Statistical and Computational Methods (NMEC) belonging to the Brazilian Institute of Economics (IBRE) of the Getulio Vargas Foundation (FGV).
#' 
#' The purpose of this package is to allow \code{R} users to implement dynamic factor models that have gained prominence in the nowcasting literature.
#' 
#' In this version of the package we present three methods, based on seminal articles in this literature:
#' \emph{Giannone et al. 2008}, \emph{Bańbura et al. 2011} and \emph{Bańbura and Rünstler 2011}.
#' Some backend functions are adaptations and translations of these paper's \emph{replication files} available in MATLAB. One can find these \emph{replication files} in the following url:
#' \url{https://www.newyorkfed.org/research/economists/giannone/pub}
#'
#' @note The authors would like to thank the support by the Getulio 
#' Vargas Foundation (FGV).
#' 
#' @author Daiane Marcolino de Mattos \email{daimmattos@gmail.com},
#'         Guilherme Branco Gomes \email{guilbran@gmail.com},
#'         Pedro G. Costa Ferreira \email{pedro.guilherme@fgv.br},
#'         Serge de Valk \email{s.t.j.devalk@gmail.com}
#' @references Giannone, D., Reichlin, L., & Small, D. (2008). Nowcasting: The real-time informational content of macroeconomic data. Journal of Monetary Economics, 55(4), 665-676.<doi:10.1016/j.jmoneco.2008.05.010>
#' 
#' Bańbura, M., & Rünstler, G. (2011). A look into the factor model black box: publication lags and the role of hard and soft data in forecasting GDP. International Journal of Forecasting, 27(2), 333-346. <doi:10.1016/j.ijforecast.2010.01.011>
#' 
#' Bańbura M., Giannone, D. & Reichlin, L. (2011). Nowcasting, in Michael P. Clements and David F. Hendry, editors, Oxford Handbook on Economic Forecasting, pages 193-224, January 2011. <doi:10.1093/oxfordhb/9780195398649.001.0001>
#'
#' @docType package
#' @name nowcasting
#'
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nowcasting documentation built on Aug. 1, 2019, 9:04 a.m.