Tierney, Heather L.R. - In: Economic Modelling 28 (2011) 4, pp. 1763-1773
This paper tracks data revisions in the Personal Consumption Expenditure using the exclusions-from-core inflation persistence model. Keeping the number of observations the same, the regression parameters of earlier vintages of real-time data, beginning with vintage 1996:Q1, are tested for...