Showing 1 - 10 of 40,456
. -- Quality of statistical data ; real-time data ; signal-to-noise ratio ; forecasts ; revisions … the least reliable, whereas real GDP and real private consumption data are the most reliable. In addition, early forecasts … forecasts of all the variables seem to be no more accurate than nai͏̈ve forecasts based on the historical mean of the final data …
Persistent link: https://www.econbiz.de/10003908532
. -- Quality of statistical data ; real-time data ; signal-to-noise ratio ; forecasts ; revisions … the least reliable, whereas real GDP and real private consumption data are the most reliable. In addition, early forecasts … forecasts of all the variables seem to be no more accurate than naive forecasts based on the historical mean of the final data …
Persistent link: https://www.econbiz.de/10003799732
the least reliable, whereas real GDP and real private consumption data are the most reliable. In addition, early forecasts … forecasts of all the variables seem to be no more accurate than naive forecasts based on the historical mean of the final data …
Persistent link: https://www.econbiz.de/10012718602
revised. Implicitly, the possibility of data revisions creates an element of uncertainty around the very same data driving … policy decisions. Given that such uncertainty could be mitigated if data revisions were predictable, this paper sets out to … identify any systematic patterns in the Maltese 'Real GDP' data and underlying revisions which could in turn prove useful when …
Persistent link: https://www.econbiz.de/10014461449
Data revisions to national accounts pose a serious challenge to policy decision making. Well-behaved revisions should … be unbiased, small and unpredictable. This paper shows that revisions to German national accounts are biased, large and … predictable. Moreover, using filtering techniques designed to process data subject to revisions, the real-time forecasting …
Persistent link: https://www.econbiz.de/10012034636
Having forecast of real estate sales done correctly is very important for balancing supply and demand in the housing market. However, it is very difficult for housing companies or real estate professionals to determine how many houses they will sell next year. Although this does not mean that a...
Persistent link: https://www.econbiz.de/10012175928
extracts uncertainty from revisions in data obtained from standardized national accounts. Applying our model to quarterly post …
Persistent link: https://www.econbiz.de/10012228723
Most macroeconomic data is continuously revised as additional information becomes available. We suggest that revisions …
Persistent link: https://www.econbiz.de/10011298898
Most macroeconomic data is continuously revised as additional information becomes available. We suggest that revisions …
Persistent link: https://www.econbiz.de/10010425751
I show that the probability that the Board of Governors of the Federal Reserve System staff's forecasts (the …, Greenbooks were much more likely to overpredict real GDP growth, with one-quarter ahead forecasts overpredicting real GDP growth … more than 75% of the time, and this rate of overprediction was higher for further ahead forecasts. For forecasted quarters …
Persistent link: https://www.econbiz.de/10011927163