Article ID Journal Published Year Pages File Type
965716 Journal of Macroeconomics 2016 14 Pages PDF
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
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