1.

Record Nr.

UNINA9910524650403321

Titolo

Alternative Economic Indicators / editor, C. James Hueng

Pubbl/distr/stampa

Kalamazoo, MI : , : W.E. Upjohn Institute for Employment Research, , 2020

©2020

ISBN

0-88099-676-5

Descrizione fisica

1 online resource (1 online resource vii, 123 pages) : illustrations

Disciplina

338.542

Soggetti

Economic indicators

Economic forecasting

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

1. Alternative Economic Indivators / C. James Hueng -- 2. Getting It Wrong: How Faulty Monetary Statistics Undermine the Fed, the Financial System, and the Economy / William A. Barnett and Kun He -- 3. A Closer Look at the Chicago Fed’s Activity Indexes / Scott A. Brave -- 4. Nowcasting the Great Recession / Domenico Giannone, Eric Qian, Argia Sbordone, Mihir Trivedi, and Patrick Adams -- 5. Real-Time Measurement of Business Conditions, Macroeconomic Surprises, and Uncertainty: Is a Recession Looming? / Alessandro Barbarino and Chiara Scotti -- 6. Rising Policy Uncertainty / Steven J. Davis -- 7. Measuring Economies from Space / Adam Storeygard

Sommario/riassunto

Policymakers and business practitioners are eager to gain access to reliable information on the state of the economy for timely decision making. More so now than ever. Traditional economic indicators have been criticized for delayed reporting, out-of-date methodology, and neglecting some aspects of the economy. Recent advances in economic theory, econometrics, and information technology have fueled research in building broader, more accurate, and higher-frequency economic indicators. This volume contains contributions from a group of prominent economists who address alternative economic indica.