Scott A. Brave

Federal Reserve Bank of Chicago

230 South LaSalle Street

Chicago, IL 60604

United States

SCHOLARLY PAPERS

13

DOWNLOADS
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in Total Papers Downloads

1,826

SSRN CITATIONS
Rank 18,758

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Top 18,758

in Total Papers Citations

31

CROSSREF CITATIONS

26

Scholarly Papers (13)

1.

Monitoring Financial Stability: A Financial Conditions Index Approach

Economic Perspectives, Vol. 35, No. 1, p. 22, 2011
Number of pages: 22 Posted: 11 Feb 2011
Scott A. Brave and R. Andrew Butters
Federal Reserve Bank of Chicago and Indiana University
Downloads 934 (31,310)
Citation 9

Abstract:

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Financial Conditions, Financial Crises, Financial Stress, Principal Component Analysis, Dynamic Factor Analysis, Financial Forecasting And Simulation, Index Numbers And Aggregation

2.

The Chicago Fed DSGE Model

FRB of Chicago Working Paper No. 2012-02
Number of pages: 42 Posted: 29 Aug 2012
Federal Reserve Bank of Chicago, University of Notre Dame, Federal Reserve Bank of Chicago - Economic Research Department and Federal Reserve Bank of Chicago
Downloads 196 (194,127)
Citation 9

Abstract:

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New Keynesian model, DSGE, forecasting, policy analysis

3.

Gathering Insights on the Forest from the Trees: A New Metric for Financial Conditions

FRB of Chicago Working Paper No. 2010-07
Number of pages: 42 Posted: 31 Aug 2010
Scott A. Brave and R. Andrew Butters
Federal Reserve Bank of Chicago and Indiana University
Downloads 121 (288,237)
Citation 9

Abstract:

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financial crisis, financial conditions, dynamic factor, EM algorithm, Harvey accumulator, ROC curve, Markov-switching

4.

Forecasting Economic Activity with Mixed Frequency Bayesian Vars

FRB of Chicago Working Paper No. WP-2016-5
Number of pages: 43 Posted: 22 Jun 2016 Last Revised: 29 Apr 2020
Federal Reserve Bank of Chicago, Indiana University and Federal Reserve Bank of Chicago
Downloads 117 (295,185)
Citation 10

Abstract:

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Mixed frequency, Bayesian VAR, Real-time data, Nowcasting

Using the Eye of the Storm to Predict the Wave of COVID-19 UI Claims

Kelley School of Business Research Paper No. 2020-68
Number of pages: 18 Posted: 18 Apr 2020 Last Revised: 23 Nov 2020
Federal Reserve Bank of Chicago, Federal Reserve Bank of Chicago, Indiana University, Indiana University - Kelley School of Business - Department of Business Economics & Public Policy and Indiana University - Kelley School of Business - Department of Business Economics & Public Policy
Downloads 84 (370,131)

Abstract:

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Unemployment Insurance, Google Trends, Hurricanes, Search, Unemployment, Covid-19

Using the Eye of the Storm to Predict the Wave of Covid-19 UI Claims

FRB of Chicago Working Paper No. 2020-10
Number of pages: 19 Posted: 04 May 2020
Federal Reserve Bank of Chicago, Federal Reserve Bank of Chicago, Indiana University, Indiana University - Kelley School of Business - Department of Business Economics & Public Policy and Indiana University - Kelley School of Business - Department of Business Economics & Public Policy
Downloads 25 (624,509)
Citation 1

Abstract:

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unemployment insurance, Google Trends, hurricanes, search, unemployment, Covid-19

6.

Federal Reserve Policies and Financial Market Conditions during the Crisis

FRB of Chicago Working Paper No. 2011-04
Number of pages: 67 Posted: 23 May 2011 Last Revised: 14 Jul 2011
Scott A. Brave and Hesna Genay
Federal Reserve Bank of Chicago and Federal Reserve Bank of Chicago
Downloads 108 (312,186)

Abstract:

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Financial crisis, Federal Reserve policies, liquidity programs, credit programs, monetary policy

7.

A Practitioner's Guide and MATLAB Toolbox for Mixed Frequency State Space Models

Number of pages: 37 Posted: 03 Mar 2020
Scott A. Brave, R. Andrew Butters and David Kelley
Federal Reserve Bank of Chicago, Indiana University and Federal Reserve Bank of Chicago
Downloads 72 (400,618)
Citation 2

Abstract:

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mixed frequency, state space, Kalman filter, maximum likelihood, MATLAB

8.

Nowcasting Using the Chicago Fed National Activity Index

Economic Perspectives, Vol. XXXVIII, No. 1, 2014
Number of pages: 19 Posted: 08 May 2014
Scott A. Brave and R. Andrew Butters
Federal Reserve Bank of Chicago and Indiana University
Downloads 58 (447,637)
Citation 1

Abstract:

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dynamic factor models, business cycles, nowcasting

9.

Tracking U.S. Consumers in Real Time with a New Weekly Index of Retail Trade

FRB of Chicago Working Paper No. WP-2021-05
Number of pages: 44 Posted: 02 Jun 2021 Last Revised: 18 Jun 2021
Federal Reserve Bank of Chicago, Federal Reserve Bank of Chicago, Federal Reserve Bank of Chicago, Federal Reserve Bank of Chicago and Federal Reserve Bank of Chicago - Economic Research
Downloads 49 (482,574)

Abstract:

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10.

Calibrating Macroprudential Policies for the Canadian Mortgage Market

C.D. Howe Institute Commentary 570 (2020)
Number of pages: 28 Posted: 04 May 2020
Scott A. Brave, Jeremy Kronick and Jose A. Lopez
Federal Reserve Bank of Chicago, C.D. Howe Institute and Federal Reserve Bank of San Francisco
Downloads 28 (587,422)

Abstract:

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Financial Services and Regulation; Monetary Policy

11.

Predicting Benchmarked Us State Employment Data in Realtime

FRB of Chicago Working Paper No. WP 2019-11
Number of pages: 43 Posted: 21 Feb 2020 Last Revised: 18 Mar 2021
Federal Reserve Bank of Chicago, Federal Reserve Bank of St. Louis, Compass Lexecon and Federal Reserve Bank of Chicago
Downloads 16 (669,944)
Citation 1

Abstract:

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dynamic factor model, Employment, Data revisions, nowcasting

The Perils of Working with Big Data and a Small Framework You Can Use to Avoid Them

FRB of Chicago Working Paper No. WP-2020-35
Posted: 04 Jun 2021
-, Scott A. Brave and R. Andrew Butters
affiliation not provided to SSRN, Federal Reserve Bank of Chicago and Indiana University

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The Perils of Working with Big Data and a SMALL Framework You Can Use to Avoid Them

FRB of Chicago Working Paper No. 2020-35
Number of pages: 35 Posted: 28 Dec 2020
Scott A. Brave, R. Andrew Butters and Michael Fogarty
Federal Reserve Bank of Chicago, Indiana University and Federal Reserve Bank of Chicago
Downloads 14 (710,470)
Citation 3

Abstract:

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big data, economic statistics, business analytics, forecasting

13.

Predicting Benchmarked Us State Employment Data in Real Time

Number of pages: 43 Posted: 14 May 2021
Federal Reserve Bank of Chicago, Federal Reserve Bank of St. Louis, Compass Lexecon and Federal Reserve Bank of Chicago
Downloads 4 (763,495)
Citation 2

Abstract:

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