Improving GDP measurement: a measurement-error perspective

DOI10.1016/j.jeconom.2015.12.009zbMath1422.91580OpenAlexW3123985184MaRDI QIDQ5964709

S. Borağan Aruoba, Frank Schorfheide, Francis X. Diebold, Jeremy Nalewaik, Dongho Song

Publication date: 1 March 2016

Published in: Journal of Econometrics (Search for Journal in Brave)

Full work available at URL: https://economics.sas.upenn.edu/sites/default/files/filevault/13-016.pdf

zbMATH Keywords

contractionexpansionturning pointbusiness cyclestate-space modelforecast combinationoutputdynamic factor modelexpenditureincomerecession

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Economic time series analysis (91B84) Statistical methods; economic indices and measures (91B82)

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Cites Work

• Modeling data revisions: measurement error and dynamics of ``true values
• Alternative algorithms for the estimation of dynamic factor, mimic and varying coefficient regression models
• Dynamic Identification of Dynamic Stochastic General Equilibrium Models
• Measurement Error with Accounting Constraints: Point and Interval Estimation for Latent Data with an Application to U.K. Gross Domestic Product
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