This study investigates the predictability of revisions to Euro-area major macroeconomic variables using real-time data … the predictability of revisions. Though there is wide evidence of the nonnormality of the distribution function of … revision errors, this is the first application of the nonparametric approach to examine revisions. Moreover, to gain robustness …

, Euro area signal-noise-ratios and entropy measures are correlated with popular uncertainty proxies, Euro area news …, covering the period of January 1991 until March 2014. The information content or informativeness of revision is measured using … three methods: descriptive error statistics, signal-to-noise ratios and entropy measures. Our results document a trend of …

, which originates in the revision structure of data. We find that apart from the general and economic policy uncertainty, the …

, Euro area signal-noise-ratios and entropy measures are correlated with popular uncertainty proxies, Euro area news …, covering the period of January 1991 until March 2014. The information content or informativeness of revision is measured using … three methods: descriptive error statistics, signal-to-noise ratios and entropy measures. Our results document a trend of …

, which originates in the revision structure of data. We find that apart from the general and economic policy uncertainty, the …

, Euro area signal-noise-ratios and entropy measures are correlated with popular uncertainty proxies, Euro area news …, covering the period of January 1991 until March 2014. The information content or informativeness of revision is measured using … three methods: descriptive error statistics, signal-to-noise ratios and entropy measures. Our results document a trend of …

We decompose the textual data in a daily Norwegian business newspaper into news topics and investigate their predictive … and causal role for asset prices. Our three main findings are: (1) a one unit innovation in the news topics predict … points after 15 business days, with little sign of reversal; (2) simple zero-cost news-based investment strategies yield …

Releases of the GDP are subject to revisions over time. This paper examines the predictability of German GDP revisions … predictable compared to earlier studies. This lower predictability seems to be linked to the finding that revisions of seasonal … adjustments are hardly predictable, too, and that their predictability decreased over time. …