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Qualitative Business Surveys: Signal or Noise?

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  • Dr Silvia Lui
  • Dr Martin Weale
  • Dr. James Mitchell

Abstract

This papers identifies the information content at the firm-level of qualitative business survey data by first examining the consistency between these data and the quantitative data provided by the same respondents to the UK's ONS in official surveys. Since the qualitative data are published ahead of the quantitative data the paper then assesses the ability of the qualitative data to predict (or nowcast) the firm-level quantitative data.

Suggested Citation

  • Dr Silvia Lui & Dr Martin Weale & Dr. James Mitchell, 2008. "Qualitative Business Surveys: Signal or Noise?," National Institute of Economic and Social Research (NIESR) Discussion Papers 323, National Institute of Economic and Social Research.
    • Handle: RePEc:nsr:niesrd:323
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