Share
International Finance Discussion Papers: The Use and Abuse of Real-Time Data in Economic Forecasting (in English)
United States Federal Reserve Board
(Author)
·
Evan Koenig
(Author)
·
Bibliogov
· Paperback
International Finance Discussion Papers: The Use and Abuse of Real-Time Data in Economic Forecasting (in English) - Koenig, Evan ; United States Federal Reserve Board ; Et Al
$ 12.60
$ 15.75
You save: $ 3.15
Choose the list to add your product or create one New List
✓ Product added successfully to the Wishlist.
Go to My WishlistsIt will be shipped from our warehouse between
Monday, July 08 and
Tuesday, July 09.
You will receive it anywhere in United States between 1 and 3 business days after shipment.
Synopsis "International Finance Discussion Papers: The Use and Abuse of Real-Time Data in Economic Forecasting (in English)"
We distinguish between three different ways of using real-time data to estimate forecasting equations and argue that the most frequently used approach should generally be avoided. The point is illustrated with a model that uses monthly observations of industrial production, employment, and retail sales to predict real GDP growth. When the model is estimated using our preferred method, its out-of-sample forecasting performance is clearly superior to that obtained using conventional estimation, and compares favorably with that of the Blue-Chip consensus.
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
✓ Producto agregado correctamente al carro, Ir a Pagar.
