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2013 | nr 2 | 18
Tytuł artykułu

End-of-sample vs. real time data : perspectives for analysis of expectations

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Języki publikacji
Data revision is defined as an adjustment published after the initial announcement had been made; it may reflect rectification of errors, availability of new information, etc. When economists use a database, they may not even be aware that some of the values have been revised, perhaps repeatedly, and corrected numbers may significantly differ from original ones. I propose to test whether including information on data revisions helps to model properties of expectations, improve quantification procedures, or adjust tests of rationality to data vintage. (original abstract)
Opis fizyczny
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