In this article, we present and describe FRED-QD, a large, quarterly frequency macroeconomic database that is currently available and regularly updated at https://research.stlouisfed.org/econ/mccracken/fred-databases/. The data provided are closely modeled to that used in Stock and Watson...

This paper seeks to better understand what makes big data analysis different, what we can and cannot do with existing econometric tools, and what issues need to be dealt with in order to work with the data efficiently. As a case study, I set out to extract any business cycle information that...

This paper seeks to better understand what makes big data analysis different, what we can and cannot do with existing econometric tools, and what issues need to be dealt with in order to work with the data efficiently. As a case study, I set out to extract any business cycle information that...