DATA VINTAGE IN TESTING PROPERTIES OF EXPECTATIONS

• Authors: Tomczyk Emilia
• Languages of publication: EN

Abstracts

EN

Results of quantification procedures and properties of expectations series obtained for two data vintages are described. Volume index of production sold in manufacturing is defined for end-of-sample and real time data, and evaluated against expectations expressed in business tendency surveys. Empirical analysis confirms that while there are only minor differences in quantification results with respect to data vintage, properties of expectations time series obtained on their basis do diverge.

Keywords

EN

end-of-sample (EoS) data; real time (RTV) data; data revisions; quantification procedures; expectations; unbiasedness; orthogonality

• Publisher: Katedra Ekonometrii i Statystyki, Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
• Journal: Metody Ilościowe w Badaniach Ekonomicznych
• Year: 2015
• Volume: 16
• Issue: 2
• Pages: 123-132

Dates

published

2015

Contributors

author

Tomczyk Emilia

• Institute of Econometrics, SGH Warsaw School of Economics

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