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Frontiers of Real-Time Data Analysis

Dean Croushore
University of Richmond

March 1, 2008

FRB of Philadelphia Working Paper No. 08-4

Abstract:
This paper describes the existing research (as of February 2008) on real-time data analysis, divided into five areas: (1) data revisions; (2) forecasting; (3) monetary policy analysis; (4) macroeconomic research; and (5) current analysis of business and financial conditions. In each area, substantial progress has been made in recent years, with researchers gaining insight into the impact of data revisions. In addition, substantial progress has been made in developing better real-time data sets around the world. Still, additional research is needed in key areas, and research to date has uncovered even more fruitful areas worth exploring.

Keywords: Real-time data analysis

Working Paper Series

Date posted: April 18, 2008 ; Last revised: April 18, 2008

Suggested Citation

Croushore, Dean, Frontiers of Real-Time Data Analysis (March 1, 2008). FRB of Philadelphia Working Paper No. 08-4. Available at SSRN: http://ssrn.com/abstract=1118356

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Contact Information

Dean Croushore (Contact Author)

University of Richmond ( email )

1 Gateway Road
University of Richmond, VA 23173
United States
804-287-1961 (Phone)

HOME PAGE: http://oncampus.richmond.edu/~dcrousho