Koenig, Evan F. (contributor); Dolmas, Sheila (contributor); … - 2001 - [Elektronische Ressource]
measures of real
economic activity. Following Trehan (1992), our set of monthly indicator variables includes non-
farm … performance of our
monthly-indicator model to two benchmark alternativesG37a purely autoregressive model of GDP
growth and the … Blue Chip consensus forecast.
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The autoregression performs poorly relative to the
monthly-indicator model regardless of …