A real-time data set for marcoeconomists: does the data vintage matter?

Dean Croushore and Tom Stark

No 99-21, Working Papers from Federal Reserve Bank of Philadelphia

Abstract: This paper presents a real-time data set that can be used by economists for testing the robustness of published econometric results, for analyzing policy, and for forecasting. The data set consists of vintages, or snapshots, of the major macroeconomic data available at quarterly intervals in real time. The paper illustrates why such data may matter, explains the construction of the data set, examines the properties of several of the variables in the data set across vintages, and examines key empirical papers in macroeconomics, investigating their robustness to different vintages.

Keywords: Forecasting; Macroeconomics (search for similar items in EconPapers)
Date: 1999
New Economics Papers: this item is included in nep-ets
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Citations: View citations in EconPapers (3)

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Related works:
Journal Article: A Real-Time Data Set for Macroeconomists: Does the Data Vintage Matter? (2003)
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