Frontiers of Real-Time Data Analysis

Croushore, Dean

doi:10.2139/ssrn.1118356

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Frontiers of Real-Time Data Analysis

FRB of Philadelphia Working Paper No. 08-4

38 Pages Posted: 18 Apr 2008

See all articles by Dean Croushore

Dean Croushore

University of Richmond - E. Claiborne Robins School of Business

Date Written: March 1, 2008

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

Suggested Citation: Suggested Citation

Croushore, Dean, Frontiers of Real-Time Data Analysis (March 1, 2008). FRB of Philadelphia Working Paper No. 08-4, Available at SSRN: https://ssrn.com/abstract=1118356 or http://dx.doi.org/10.2139/ssrn.1118356