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Persistent link: https://www.econbiz.de/10009244157
This paper studies data revision properties of GDP growth and inflation as measured by the Wholesale Price Index (WPI) for the Indian economy. We find that data revisions to GDP growth and WPI inflation in India are significant. The results show that revisions to GDP growth and WPI inflation can...
Persistent link: https://www.econbiz.de/10013071021
"We distinguish between three different ways of using real-time data to estimate forecasting equations and argue that the most popular approach should generally be avoided. The point is illustrated with a model that uses monthly industrial production, employment, and retail sales data to predict...
Persistent link: https://www.econbiz.de/10001532958
Persistent link: https://www.econbiz.de/10001650702
Persistent link: https://www.econbiz.de/10001965263
We distinguish between three different ways of using real-time data to estimate forecasting equations and argue that the most frequently used approach should generally be avoided. The point is illustrated with a model that uses monthly observations of industrial production, employment, and...
Persistent link: https://www.econbiz.de/10014142482