Nowcasting – Beyond GDP : Measurement in Economics Chair

The Measurement in Economics Chair contributes to the advancement of economic statistics methods.

The Measurement in Economics, Nowcasting – Beyond GDP Chair is the result of a partnership between the National Institute of Statistics and Economic Studies, Société Générale and the Paris School of Economics.

Objectives

The aim of the Measurement in Economics, Nowcasting – Beyond GDP Chair is to contribute to the advancement of economic statistics methods. To this end, it promotes the mobilization of new sources and the development of very short-term forecasting tools (Nowcasting), and pursues the reflections initiated since the Stiglitz Commission on a more in-depth statistical measurement of economic performance and well-being(Beyond GDP). In both these areas, the aim is to better meet the expectations of private and public decision-makers and, more broadly, of social demand on these subjects.

A two-pronged scientific program

  • Improving measurement and forecasting in the very short term (Nowcasting)
  • Measuring “around and beyond GDP”

Activities

The Chair’s program includes a number of activities:

Steering committee

PSE members

Partners representatives

PSE partners

The National Institute of Statistics and Economic Studies, a branch of the French Ministry of the Economy and Finance, collects, analyzes and disseminates information on the French economy and society. It carries out its work in complete professional independence. Insee is present throughout France via its establishments and regional offices, and carries out the population census in partnership with local authorities.

Société Générale, one of Europe’s leading financial services groups and a major player in the economy for over 160 years, supports 25 million clients every day with more than 126,000 staff in 65 countries. Its missions are: to protect and manage assets and savings, finance projects, protect clients in their both their day-to-day lives and in their professional activities, ensure secure transactions and offer the best technological solutions.