08-4 Frontiers of Real-Time Data Analysis by Dean Croushore

Working Papers 2008: Abstracts

FRONTIERS OF REAL-TIME



Associate Professor of Economics and Rigsby Fellow
University of Richmond
Visiting Scholar
Federal Reserve Bank of Philadelphia
March 2008

This paper describes the existing research (as of February 2008) on real-time data analysis, divided into five areas: (1) data revisions; (2) forecasting; (3) monetary policy analysis; (4) macroeconomic research; and (5) current analysis of business and financial conditions. In each area, substantial progress has been made in recent years, with researchers gaining insight into the impact of data revisions. In addition, substantial progress has been made in developing better real-time data sets around the world. Still, additional research is needed in key areas, and research to date has uncovered even more fruitful areas worth exploring.

If you wish to download the WP08-4, please copy the link below into your browser:

http://www.philadelphiafed.org/files/wps/2008/wp08-4.pdf




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