Details about Dean Croushore

Homepage:	https://facultystaff.richmond.edu/~dcrousho/
Workplace:	Graduate School of Business, Columbia University, (more information at EDIRC) Research Department, Federal Reserve Bank of Philadelphia, (more information at EDIRC) Economics Department, Robins School of Business, University of Richmond, (more information at EDIRC)

Access statistics for papers by Dean Croushore.

Last updated 2024-05-06. Update your information in the RePEc Author Service.

Short-id: pcr86

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Working Papers

2020

1. Forecasting Consumption Spending Using Credit Bureau Data
   Working Papers, Federal Reserve Bank of Philadelphia

2017

2. FISCAL SURPRISES AT THE FOMC
   Working Papers, Federal Reserve Bank of Philadelphia View citations (2)
   Also in CIRANO Working Papers, CIRANO (2017) View citations (2)
   See also Journal Article Fiscal Surprises at the FOMC, International Journal of Forecasting, Elsevier (2019) View citations (3) (2019)

2016

3. Do GDP Forecasts Respond Efficiently to Changes in Interest Rates?
   Working Papers, Federal Reserve Bank of Philadelphia
4. Fiscal Forecasts at the FOMC: Evidence from the Greenbooks
   CIRANO Working Papers, CIRANO
   See also Journal Article Fiscal Forecasts at the FOMC: Evidence from the Greenbooks, The Review of Economics and Statistics, MIT Press (2018) View citations (22) (2018)

2014

5. Analyzing data revisions with a dynamic stochastic general equilibrium model
   Working Papers, Federal Reserve Bank of Philadelphia View citations (7)
6. Fiscal policy: ex ante and ex post
   Working Papers, Federal Reserve Bank of Philadelphia View citations (2)
7. The continuing power of the yield spread in forecasting recessions
   Working Papers, Federal Reserve Bank of Philadelphia View citations (2)

2012

8. Forecast bias in two dimensions
   Working Papers, Federal Reserve Bank of Philadelphia View citations (4)

2008

9. Frontiers of real-time data analysis
   Working Papers, Federal Reserve Bank of Philadelphia View citations (26)
   See also Journal Article Frontiers of Real-Time Data Analysis, Journal of Economic Literature, American Economic Association (2011) View citations (191) (2011)
10. Revisions to PCE inflation measures: implications for monetary policy
    Working Papers, Federal Reserve Bank of Philadelphia View citations (28)
    See also Journal Article Revisions to PCE Inflation Measures: Implications for Monetary Policy, International Journal of Central Banking, International Journal of Central Banking (2019) View citations (3) (2019)

2006

11. An evaluation of inflation forecasts from surveys using real-time data
    Working Papers, Federal Reserve Bank of Philadelphia View citations (18)
    See also Journal Article An Evaluation of Inflation Forecasts from Surveys Using Real-Time Data, The B.E. Journal of Macroeconomics, De Gruyter (2010) View citations (69) (2010)

2004

12. Do Consumer Confidence Indexes Help Forecast Consumer Spending in Real Time?
    Discussion Paper Series 1: Economic Studies, Deutsche Bundesbank View citations (5)
    See also Journal Article Do consumer-confidence indexes help forecast consumer spending in real time?, The North American Journal of Economics and Finance, Elsevier (2005) View citations (38) (2005)

2003

13. A short-term model of the Fed's portfolio choice
    Working Papers, Federal Reserve Bank of Philadelphia
14. Data revisions and the identification of monetary policy shocks
    Working Papers, Federal Reserve Bank of Philadelphia View citations (3)
    Also in Working Paper Series, Federal Reserve Bank of Chicago (2000) View citations (15)
    Econometric Society World Congress 2000 Contributed Papers, Econometric Society (2000) View citations (3)
    See also Journal Article Data revisions and the identification of monetary policy shocks, Journal of Monetary Economics, Elsevier (2006) View citations (48) (2006)

2002

15. Forecasting coin demand
    Working Papers, Federal Reserve Bank of Philadelphia View citations (3)
16. Is macroeconomic research robust to alternative data sets?
    Working Papers, Federal Reserve Bank of Philadelphia View citations (10)

2001

17. Expectations and the effects of monetary policy
    Working Papers, Federal Reserve Bank of Philadelphia View citations (5)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (1995) View citations (20)
    Working Papers, Federal Reserve Bank of Philadelphia (1995) View citations (16)
    Working Papers, Federal Reserve Bank of Philadelphia (1998) View citations (4)
    See also Journal Article Expectations and the Effects of Monetary Policy, Journal of Money, Credit and Banking, Blackwell Publishing (2003) View citations (24) (2003)
18. Forecasting with a Real-Time Data Set for Macroeconomists
    Computing in Economics and Finance 2001, Society for Computational Economics View citations (208)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (2001) View citations (305)
    See also Journal Article Forecasting with a real-time data set for macroeconomists, Journal of Macroeconomics, Elsevier (2002) View citations (132) (2002)

2000

19. A real-time data set for macroeconomists: does data vintage matter for forecasting?
    Working Papers, Federal Reserve Bank of Philadelphia View citations (6)

1999

20. A real-time data set for macroeconomists
    Working Papers, Federal Reserve Bank of Philadelphia View citations (53)
    See also Journal Article A real-time data set for macroeconomists, Journal of Econometrics, Elsevier (2001) View citations (577) (2001)
21. A real-time data set for marcoeconomists: does the data vintage matter?
    Working Papers, Federal Reserve Bank of Philadelphia View citations (3)
    See also Journal Article A Real-Time Data Set for Macroeconomists: Does the Data Vintage Matter?, The Review of Economics and Statistics, MIT Press (2003) View citations (160) (2003)
22. Does data vintage matter for forecasting?
    Working Papers, Federal Reserve Bank of Philadelphia View citations (9)

1998

23. Evaluating inflation forecasts
    Working Papers, Federal Reserve Bank of Philadelphia View citations (36)

1996

24. Evaluating McCallum's rule when monetary policy matters
    Working Papers, Federal Reserve Bank of Philadelphia View citations (2)
    See also Journal Article Evaluating McCallum's Rule When Monetary Policy Matters, Journal of Macroeconomics, Elsevier (1998) View citations (1) (1998)

1994

25. Evaluating McCallum's rule for monetary policy
    Working Papers, Federal Reserve Bank of Philadelphia View citations (4)
    See also Journal Article Evaluating McCallum's rule for monetary policy, Business Review, Federal Reserve Bank of Philadelphia (1995) (1995)
26. The importance of the tax system in determining the marginal cost of funds
    Working Papers, Federal Reserve Bank of Philadelphia
    Also in Working Papers, Federal Reserve Bank of Philadelphia (1992)
    Working Papers, Pennsylvania State - Department of Economics (1992)
    See also Journal Article The Importance of the Tax System in Determining the Marginal Cost of Funds, Public Finance = Finances publiques (1995) (1995)
27. The marginal cost of funds with nonseparable public spending
    Working Papers, Federal Reserve Bank of Philadelphia View citations (10)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (1992)
    Working Papers, Pennsylvania State - Department of Economics (1992) View citations (15)
    See also Journal Article The Marginal Cost of Funds With Nonseparable Public Spending, Public Finance Review (1996) View citations (7) (1996)
28. The optimal inflation tax when income taxes distort: reconciling MUF and shopping-time models
    Working Papers, Federal Reserve Bank of Philadelphia

1993

29. Ricardian equivalence with wage-rate uncertainty
    Working Papers, Federal Reserve Bank of Philadelphia
    See also Journal Article Ricardian Equivalence with Wage-Rate Uncertainty, Journal of Money, Credit and Banking, Blackwell Publishing (1996) View citations (8) (1996)

1992

30. Ricardian equivalence under income uncertainty
    Working Papers, Federal Reserve Bank of Philadelphia View citations (2)
    Also in Working Papers, Federal Reserve Bank of Philadelphia (1990)

1991

31. A measure of Federal Reserve credibility
    Working Papers, Federal Reserve Bank of Philadelphia View citations (2)
    See also Journal Article A measure of federal reserve credibility, Journal of Policy Modeling, Elsevier (1994) View citations (9) (1994)
32. The short-run costs of disinflation
    Working Papers, Federal Reserve Bank of Philadelphia

1990

33. Taxation as insurance against income uncertainty
    Working Papers, Federal Reserve Bank of Philadelphia View citations (2)
34. The welfare effects of distortionary taxation and government spending: some new results
    Working Papers, Federal Reserve Bank of Philadelphia

1989

35. Money in the utility function: an adequate microfoundation of money?
    Working Papers, Federal Reserve Bank of Philadelphia
36. THE WELFARE EFFECTS OF DISTORTIONARY TAXATION AND GOVERNMENT SPENDING
    Working Papers, Pennsylvania State - Department of Economics
37. Transactions costs and optimal inflation
    Working Papers, Federal Reserve Bank of Philadelphia

1988

38. SUBSTITUTION EFFECTS AND THE MARGINAL WELFARE COST OF TAXATION
    Working Papers, Pennsylvania State - Department of Economics View citations (2)
    Also in Working Papers, Pennsylvania State - Department of Economics (1988) View citations (2)
39. TRANSACTIONS COSTS AND OPTIMAL MONEY GROWTH
    Working Papers, Pennsylvania State - Department of Economics
    Also in Working Papers, Pennsylvania State - Department of Economics (1988)

Journal Articles

2022

1. The personal saving rate: Data revisions and forecasts
   Economics Letters, 2022, 219, (C)

2019

2. Fifty Years of the Survey of Professional Forecasters
   Economic Insights, 2019, 4, (4), 1-11 View citations (17)
3. Fiscal Surprises at the FOMC
   International Journal of Forecasting, 2019, 35, (4), 1583-1595 View citations (3)
   See also Working Paper FISCAL SURPRISES AT THE FOMC, Working Papers (2017) View citations (2) (2017)
4. Revisions to PCE Inflation Measures: Implications for Monetary Policy
   International Journal of Central Banking, 2019, 15, (4), 241-265 View citations (3)
   See also Working Paper Revisions to PCE inflation measures: implications for monetary policy, Working Papers (2008) View citations (28) (2008)
5. Teaching courses in macroeconomics and monetary policy with Bloomberg analytics
   The Journal of Economic Education, 2019, 50, (2), 108-128 View citations (3)
6. What should we teach in intermediate macroeconomics?
   The Journal of Economic Education, 2019, 50, (3), 265-268

2018

7. Fiscal Forecasts at the FOMC: Evidence from the Greenbooks
   The Review of Economics and Statistics, 2018, 100, (5), 933-945 View citations (22)
   See also Working Paper Fiscal Forecasts at the FOMC: Evidence from the Greenbooks, CIRANO Working Papers (2016) (2016)

2016

8. Reassessing the Relative Power of the Yield Spread in Forecasting Recessions
   Journal of Applied Econometrics, 2016, 31, (6), 1183-1191 View citations (14)

2015

9. Teaching an Economics Capstone Course Based on Current Issues in Monetary Policy
   Eastern Economic Journal, 2015, 41, (4), 504-512 View citations (4)

2012

10. Comment
    Journal of Business & Economic Statistics, 2012, 30, (1), 17-20

2011

11. Comment
    Journal of Business & Economic Statistics, 2011, 30, (1), 17-20
12. Frontiers of Real-Time Data Analysis
    Journal of Economic Literature, 2011, 49, (1), 72-100 View citations (191)
    See also Working Paper Frontiers of real-time data analysis, Working Papers (2008) View citations (26) (2008)

2010

13. An Evaluation of Inflation Forecasts from Surveys Using Real-Time Data
    The B.E. Journal of Macroeconomics, 2010, 10, (1), 32 View citations (69)
    See also Working Paper An evaluation of inflation forecasts from surveys using real-time data, Working Papers (2006) View citations (18) (2006)
14. Philadelphia Fed forecasting surveys: their value for research
    Business Review, 2010, (Q3), 1-11 View citations (5)

2009

15. Commentary on Estimating U.S. output growth with vintage data in a state-space framework
    Review, 2009, 91, (Jul), 371-382

2006

16. Consumer confidence surveys: can they help us forecast consumer spending in real time?
    Business Review, 2006, (Q3), 1-9 View citations (1)
17. Data revisions and the identification of monetary policy shocks
    Journal of Monetary Economics, 2006, 53, (6), 1135-1160 View citations (48)
    See also Working Paper Data revisions and the identification of monetary policy shocks, Working Papers (2003) View citations (3) (2003)

2005

18. Do consumer-confidence indexes help forecast consumer spending in real time?
    The North American Journal of Economics and Finance, 2005, 16, (3), 435-450 View citations (38)
    See also Working Paper Do Consumer Confidence Indexes Help Forecast Consumer Spending in Real Time?, Discussion Paper Series 1: Economic Studies (2004) View citations (5) (2004)

2003

19. A Real-Time Data Set for Macroeconomists: Does the Data Vintage Matter?
    The Review of Economics and Statistics, 2003, 85, (3), 605-617 View citations (160)
    See also Working Paper A real-time data set for marcoeconomists: does the data vintage matter?, Working Papers (1999) View citations (3) (1999)
20. Expectations and the Effects of Monetary Policy
    Journal of Money, Credit and Banking, 2003, 35, (4), 473-84 View citations (24)
    See also Working Paper Expectations and the effects of monetary policy, Working Papers (2001) View citations (5) (2001)
21. U.S. coins: forecasting change
    Business Review, 2003, (Q2), 6-13

2002

22. Comments on 'The state of macroeconomic forecasting'
    Journal of Macroeconomics, 2002, 24, (4), 483-489
23. Forecasting with a real-time data set for macroeconomists
    Journal of Macroeconomics, 2002, 24, (4), 507-531 View citations (132)
    See also Working Paper Forecasting with a Real-Time Data Set for Macroeconomists, Computing in Economics and Finance 2001 (2001) View citations (208) (2001)
24. Reply to the comments on 'Forecasting with a real-time data set for macroeconomists'
    Journal of Macroeconomics, 2002, 24, (4), 563-567 View citations (66)

2001

25. A real-time data set for macroeconomists
    Journal of Econometrics, 2001, 105, (1), 111-130 View citations (577)
    See also Working Paper A real-time data set for macroeconomists, Working Papers (1999) View citations (53) (1999)
26. How do forecasts respond to changes in monetary policy?
    Business Review, 2001, (Q4), 9-16 View citations (1)

1999

27. How useful are forecasts of corporate profits?
    Business Review, 1999, (Sep), 3-12 View citations (1)

1998

28. Evaluating McCallum's Rule When Monetary Policy Matters
    Journal of Macroeconomics, 1998, 20, (3), 451-485 View citations (1)
    See also Working Paper Evaluating McCallum's rule when monetary policy matters, Working Papers (1996) View citations (2) (1996)
29. Low inflation: the surprise of the 1990s
    Business Review, 1998, (Jul), 3-12 View citations (1)

1997

30. The Livingston Survey: still useful after all these years
    Business Review, 1997, (Mar), 15-27 View citations (52)

1996

31. Inflation forecasts: how good are they?
    Business Review, 1996, (May), 15-25 View citations (17)
32. Ricardian Equivalence with Wage-Rate Uncertainty
    Journal of Money, Credit and Banking, 1996, 28, (3), 279-93 View citations (8)
    See also Working Paper Ricardian equivalence with wage-rate uncertainty, Working Papers (1993) (1993)
33. The Marginal Cost of Funds With Nonseparable Public Spending
    Public Finance Review, 1996, 24, (2), 216-236 View citations (7)
    See also Working Paper The marginal cost of funds with nonseparable public spending, Working Papers (1994) View citations (10) (1994)

1995

34. Evaluating McCallum's rule for monetary policy
    Business Review, 1995, (Jan), 3-14
    See also Working Paper Evaluating McCallum's rule for monetary policy, Working Papers (1994) View citations (4) (1994)
35. The Importance of the Tax System in Determining the Marginal Cost of Funds
    Public Finance = Finances publiques, 1995, 50, (2), 173-81
    See also Working Paper The importance of the tax system in determining the marginal cost of funds, Working Papers (1994) (1994)

1994

36. A measure of federal reserve credibility
    Journal of Policy Modeling, 1994, 16, (2), 215-231 View citations (9)
    See also Working Paper A measure of Federal Reserve credibility, Working Papers (1991) View citations (2) (1991)

1993

37. Introducing: the survey of professional forecasters
    Business Review, 1993, (Nov), 3-15 View citations (185)
38. Money in the utility function: Functional equivalence to a shopping-time model
    Journal of Macroeconomics, 1993, 15, (1), 175-182 View citations (52)

1992

39. What are the costs of disinflation?
    Business Review, 1992, (May), 3-16 View citations (3)

1990

40. Economic Stability and the Government Deficit
    Journal of Post Keynesian Economics, 1990, 12, (3), 390-403 View citations (1)
41. How big is your share of government debt?
    Business Review, 1990, (Nov), 3-12

1989

42. What Neutrality Means in Macroeconomics: Reply
    Eastern Economic Journal, 1989, 15, (2), 150-152

1987

43. The Neutrality of Optimal Government Financial Policy: Supplying the Intergenerational Free Lunch
    Eastern Economic Journal, 1987, 13, (2), 123-136 View citations (2)

Chapters

2011

1. Using Real-World Applications to Policy and Everyday Life to Teach Money and Banking
   Chapter 60 in International Handbook on Teaching and Learning Economics, 2011

2006

2. Forecasting with Real-Time Macroeconomic Data
   Elsevier View citations (126)