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importance of particular forms of definitional change which we call 'definitional breaks', and the rationality of early releases … of economic variables. An important feature of our rationality tests is that they are based solely on the examination of …
Persistent link: https://www.econbiz.de/10010282871
importance of particular forms of definitional change which we call “definitional breaks", and the rationality of early releases … of economic variables. An important feature of our rationality tests is that they are based solely on the examination of …
Persistent link: https://www.econbiz.de/10009372745
against data rationality for output and prices, but not for money. -- bias ; efficiency ; generically comprehensive tests … ; rationality ; preliminary ; final ; real-time data …Rationality of early release data is typically tested using linear regressions. Thus, failure to reject the null does …
Persistent link: https://www.econbiz.de/10009130721
Rationality of early release data is typically tested using linear regressions. Thus, failure to reject the null does … against data rationality for output and prices, but not for money …
Persistent link: https://www.econbiz.de/10009372743
Rationality of early release data is typically tested using linear regressions. Thus, failure to reject the null does … strong evidence against data rationality. Interestingly, for money stock the null is not rejected by linear tests but is …
Persistent link: https://www.econbiz.de/10012706013
; generically comprehensive tests ; rationality ; preliminary ; final ; real-time data … perform significantly worse than autoregressions, when predicting output during the last 20 years. -- bias ; efficiency … importance of particular forms of definitional change which we call "definitional breaks", and the rationality of early releases …
Persistent link: https://www.econbiz.de/10009130680
The procedure for estimating probabilities of future investment returns using time-shifted indexes is based on the simple principle that a multi-dimensional conditional probability distribution can be envisioned involving investment total returns (for a single investment or a fixed portfolio of...
Persistent link: https://www.econbiz.de/10014198891
The procedure for estimating probabilities of future investment returns using time-shifted indexes is based on the simple principle that a multi-dimensional conditional probability distribution can be envisioned involving investment total returns (for a single investment or a fixed portfolio of...
Persistent link: https://www.econbiz.de/10014072195
tend to outperform the standard low frequency survey measures in tests of accuracy, predictive power, and rationality …
Persistent link: https://www.econbiz.de/10013055949
rationality of early releases of economic variables. An important feature of our rationality tests is that they are based solely …
Persistent link: https://www.econbiz.de/10014202227