The state-dependence of output revisions - Archive ouverte HAL Access content directly
Preprints, Working Papers, ... Year :

The state-dependence of output revisions

(1) , (1) , (2, 3)
1
2
3

Abstract

This paper investigates whether economic activity dynamics predict GDP revisions using panel data from 15 OECD countries. We find that economic activity predicts GDP revisions: early releases tend to overestimate GDP growth during slowdowns –and vice-versa. We also find that the source of the predictability could be related to the sampling of information collection. Finally, the predictability comes from short-term economic activity dynamics rather than business cycle position.
Fichier principal
Vignette du fichier
2020-ducoudre-the-state-dependence-of-output-revisions.pdf (1.25 Mo) Télécharger le fichier
Origin : Publisher files allowed on an open archive

Dates and versions

hal-03403073 , version 1 (26-10-2021)

Identifiers

Cite

Bruno Ducoudre, Paul Hubert, Guilhem Tabarly. The state-dependence of output revisions. 2020. ⟨hal-03403073⟩
33 View
17 Download

Share

Gmail Facebook Twitter LinkedIn More