Search Results - subject:"Data Revisions"

Castro Fernández, Francisco de; Pérez García, Javier … - 2011

Al igual que la mayoría de los datos macroeconómicos, las cifras de déficit público están sujetas a revisiones. Sin embargo, en el caso de Europa, estas podrían ser especialmente preocupantes dado el papel que desempeñan los datos fiscales en el funcionamiento de las reglas de...

Persistent link: https://www.econbiz.de/10012530330

Fiscal data revisions in Europe

de Castro Fernández, Francisco; Pérez, Javier J.; … - 2011

may lead to data revisions explain a significant share of the bias, providing some evidence of window dressing on the side …

Persistent link: https://www.econbiz.de/10011605388

Real-time data and fiscal policy analysis: a survey of the literature

Cimadomo, Jacopo - 2011

cycle. It emerges that, first, fiscal data revisions are large and initial releases are biased estimates of final values …

Persistent link: https://www.econbiz.de/10011605453

Data Revisions in the Estimation of DSGE models

Casares, Miguel; Vázquez, Jesús - Departamento de Economía - Universidad Pública de Navarra - 2011

Revisions of US macroeconomic data are not white-noise. They are persistent, correlated with real-time data, and with high variability (around 80% of volatility observed in US real-time data). Their business cycle effects are examined in an estimated DSGE model that distinguishes real-time data...

Persistent link: https://www.econbiz.de/10009368605

Examining the Quality of Early GDP Component Estimates

Sinclair, Tara M.; Stekler, H.O. - Department of Economics, George Washington University - 2011

In this paper we examine the quality of the initial estimates of headline GDP and 10 major components of both real and nominal U.S. GDP. We ask a number of questions about various characteristics of the differences between the initial estimates available one month after the end of the quarter to...

Persistent link: https://www.econbiz.de/10009278117

Differences in Early GDP Component Estimates Between Recession and Expansion

Sinclair, Tara M.; Stekler, H.O. - Institute for International Economic Policy (IIEP), … - 2011

In this paper we examine the quality of the initial estimates of the components of both real and nominal U.S. GDP. We introduce a number of new statistics for measuring the magnitude of changes in the components from the initial estimates available one month after the end of the quarter to the...

Persistent link: https://www.econbiz.de/10009320889

Real-Time Data and Fiscal Policy Analysis: a Survey of the Literature

Cimadomo, Jacopo - Centre d'études prospectives et d'informations … - 2011

cycle. It emerges that, first, fiscal data revisions are large and initial releases are biased estimates of final values …

Persistent link: https://www.econbiz.de/10009358499

Real-time data and fiscal policy analysis: a survey of the literature

Cimadomo, Jacopo - European Central Bank - 2011

cycle. It emerges that, first, fiscal data revisions are large and initial releases are biased estimates of final values …

Persistent link: https://www.econbiz.de/10009399395

Fiscal data revisions in Europe

Castro, Francisco de; Pérez, Javier J.; Vives, Marta … - Banco de España - 2011

may lead to data revisions explain a significant share of the bias, providing some evidence of window dressing on the side …

Persistent link: https://www.econbiz.de/10009001394

Data Revisions and the Output Gap

Julio, Juan Manuel - BANCO DE LA REPÚBLICA - 2011

derived from a model for data revisions. The new GDP time series is augmented with optimal out-of-sample forecasts and back … to GDP revisions and delays. The short term noise of the final output gap estimate is also reduced. Adjusting for data … revisions and delays reduce the uncertainty of estimated gaps. The extended and further extended HP estimates of the output gap …

Persistent link: https://www.econbiz.de/10008838392