Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
965716 | Journal of Macroeconomics | 2016 | 14 Pages |
Abstract
To assess the extent of these problems in practice, we detail the importance of historical revisions to the most commonly-used measures of US aggregate productivity growth, expanding on previous empirical work by Aruoba (2008) and Anderson and Kliesen (2006). We find that such revisions have contributed substantially to policymakers' forecast errors for US productivity growth.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Jan P.A.M. Jacobs, Simon van Norden,