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Aruoba, S. Borağan [Author] ; Diebold, Francis X. [Other]; Nalewaik, Jeremy [Other]; Schorfheide, Frank [Other]; Song, Dongho [Other]

Improving GDP Measurement

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  • Media type: E-Book
  • Title: Improving GDP Measurement : A Measurement-Error Perspective
  • Contributor: Aruoba, S. Borağan [Author]; Diebold, Francis X. [Other]; Nalewaik, Jeremy [Other]; Schorfheide, Frank [Other]; Song, Dongho [Other]
  • imprint: [S.l.]: SSRN, [2013]
  • Published in: NBER Working Paper ; No. w18954
  • Extent: 1 Online-Ressource (36 p)
  • Language: English
  • Origination:
  • Footnote: Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments April 2013 erstellt
  • Description: We provide a new and superior measure of U.S. GDP, obtained by applying optimal signal-extraction techniques to the (noisy) expenditure-side and income-side estimates. Its properties - particularly as regards serial correlation - differ markedly from those of the standard expenditure-side measure and lead to substantially-revised views regarding the properties of GDP
  • Access State: Open Access