Quantifying the Beige Book’s “Soft” Data

Charles Gascon and Joseph Martorana

On the Economy from Federal Reserve Bank of St. Louis

Abstract: Some economists believe anecdotal findings in the Beige Book are inferior to hard economic data. This analysis suggests the report’s ‘soft’ content is actually quite firm.

Keywords: Beige Book; text analysis (search for similar items in EconPapers)
Date: 2025-01-07
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:99414

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