Where are we now?: real-time estimates of the macro economy
"This paper describes a method for calculating daily real-time estimates of the current state of the U.S. economy. The estimates are computed from data on scheduled U.S. macroeconomic announcements using an econometric model that allows for variable reporting lags, temporal aggregation, and oth...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass.
National Bureau of Economic Research
2005
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| Schriftenreihe: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
11064 |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Zusammenfassung: | "This paper describes a method for calculating daily real-time estimates of the current state of the U.S. economy. The estimates are computed from data on scheduled U.S. macroeconomic announcements using an econometric model that allows for variable reporting lags, temporal aggregation, and other complications in the data. The model can be applied to find real-time estimates of GDP, inflation, unemployment or any other macroeconomic variable of interest. In this paper I focus on the problem of estimating the current level of and growth rate in GDP. I construct daily real-time estimates of GDP that incorporate public information known on the day in question. The real-time estimates produced by the model are uniquely-suited to studying how perceived developments the macro economy are linked to asset prices over a wide range of frequencies. The estimates also provide, for the first time, daily time series that can be used in practical policy decisions"--National Bureau of Economic Research web site. |
| Beschreibung: | 38 S. graph. Darst. |
Internformat
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| geographic | USA United States Economic conditions Mathematical models |
| geographic_facet | USA United States Economic conditions Mathematical models |
| id | DE-604.BV019889442 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T20:08:29Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-013213476 |
| oclc_num | 57665045 |
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| physical | 38 S. graph. Darst. |
| publishDate | 2005 |
| publishDateSearch | 2005 |
| publishDateSort | 2005 |
| publisher | National Bureau of Economic Research |
| record_format | marc |
| series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| spelling | Evans, Martin D. D. 1960- Verfasser (DE-588)124547958 aut Where are we now? real-time estimates of the macro economy Martin D. D. Evans Cambridge, Mass. National Bureau of Economic Research 2005 38 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11064 "This paper describes a method for calculating daily real-time estimates of the current state of the U.S. economy. The estimates are computed from data on scheduled U.S. macroeconomic announcements using an econometric model that allows for variable reporting lags, temporal aggregation, and other complications in the data. The model can be applied to find real-time estimates of GDP, inflation, unemployment or any other macroeconomic variable of interest. In this paper I focus on the problem of estimating the current level of and growth rate in GDP. I construct daily real-time estimates of GDP that incorporate public information known on the day in question. The real-time estimates produced by the model are uniquely-suited to studying how perceived developments the macro economy are linked to asset prices over a wide range of frequencies. The estimates also provide, for the first time, daily time series that can be used in practical policy decisions"--National Bureau of Economic Research web site. Mathematisches Modell Wirtschaft USA United States Economic conditions Mathematical models Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11064 (DE-604)BV002801238 11064 http://papers.nber.org/papers/w11064.pdf kostenfrei Volltext |
| spellingShingle | Evans, Martin D. D. 1960- Where are we now? real-time estimates of the macro economy National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Mathematisches Modell Wirtschaft |
| title | Where are we now? real-time estimates of the macro economy |
| title_auth | Where are we now? real-time estimates of the macro economy |
| title_exact_search | Where are we now? real-time estimates of the macro economy |
| title_full | Where are we now? real-time estimates of the macro economy Martin D. D. Evans |
| title_fullStr | Where are we now? real-time estimates of the macro economy Martin D. D. Evans |
| title_full_unstemmed | Where are we now? real-time estimates of the macro economy Martin D. D. Evans |
| title_short | Where are we now? |
| title_sort | where are we now real time estimates of the macro economy |
| title_sub | real-time estimates of the macro economy |
| topic | Mathematisches Modell Wirtschaft |
| topic_facet | Mathematisches Modell Wirtschaft USA United States Economic conditions Mathematical models |
| url | http://papers.nber.org/papers/w11064.pdf |
| volume_link | (DE-604)BV002801238 |
| work_keys_str_mv | AT evansmartindd wherearewenowrealtimeestimatesofthemacroeconomy |