Stark, Tom; Croushore, Dean - Society for Computational Economics - SCE - 2001
This paper discusses how forecasts may be affected by the use of real-time data rather than latest-available data. The … variety of exercises designed to answer this question. In particular, we find that real-time data matters for some forecasting …-available data rather than real-time data. Thus, developing a model using latest-available data is questionable; model development …