DOI
10.1162/003465303322369759
Abstract
This paper uses a real-time data set to analyze data revisions and to test the robustness of published econometric results. 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, 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.
Document Type
Article
Publication Date
8-2003
Publisher Statement
Copyright © 2003 President and Fellows of Harvard College and the Massachusetts Institute of Technology. This article first appeared in Review of Economics and Statistics 85, no. 3 (2003): 605-17. doi:10.1162/003465303322369759.
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Recommended Citation
Croushore, Dean, and Tom Stark. "A Real-Time Data Set for Macroeconomists: Does the Data Vintage Matter?" Review of Economics and Statistics 85, no. 3 (2003): 605-17. doi:10.1162/003465303322369759.