Sentences with phrase «nowcasting models»
«Nowcasting models are useful for summarizing large amounts of high - frequency data,» Ménard said.
http://www.canadianbusiness.com/
Nowcasting models sometimes fail to adjust for «special factors» or other events that are out of line with the historical readings on which the models are based, she said.
Not exact matches
(In April 2016, a couple of researchers at the Federal Reserve Board published a paper on nowcasting Canadian GDP, concluding that a model with U.S. indicators was more accurate that one without.)
«Nowcasting» models for estimating GDP generally use traditional macroeconomic data.
Microwave data are now available to meteorological centres where they are assimilated in NWP models and also used for nowcasting.
The Arctic Cap Nowcast Forecast System (ACNFS) was run in forward model mode, without assimilation, initialized with a June 1, 2013 analysis, for eight simulations using archived Navy atmospheric forcing fields from 2005 - 2012.
Their Landslide Hazard Assessment for Situational Awareness (LHASA) model melds information regarding slope, lithology, deforested areas, and proximity to fault zones and roads to derive a map of landslide susceptibility, which is then combined with satellite - derived estimates of precipitation from the past week to develop «nowcasts» of areas that are susceptible to landslides.