Publication Date

8-24-2020

DOI

10.17848/9780880996778

Abstract

Policymakers and business practitioners are eager to gain access to reliable information on the state of the economy for timely decision making. More so now than ever. Traditional economic indicators have been criticized for delayed reporting, out-of-date methodology, and neglecting some aspects of the economy. Recent advances in economic theory, econometrics, and information technology have fueled research in building broader, more accurate, and higher-frequency economic indicators. This volume contains contributions from a group of prominent economists who address alternative economic indicators, including indicators in the financial market, indicators for business cycles, and indicators of economic uncertainty.

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Download 1. Alternative Economic Indicators / C. James Hueng (335 KB)

Download 2. Getting It Wrong: How Faulty Monetary Statistics Undermine the Fed, the Financial System, and the Economy / William A. Barnett and Kun He (1.8 MB)

Download 3. A Closer Look at the Chicago Fed’s Activity Indexes / Scott A. Brave (617 KB)

Download 4. Nowcasting the Great Recession / Domenico Giannone, Eric Qian, Argia Sbordone, Mihir Trivedi, and Patrick Adams (635 KB)

Download 5. Real-Time Measurement of Business Conditions, Macroeconomic Surprises, and Uncertainty: Is a Recession Looming? / Alessandro Barbarino and Chiara Scotti (788 KB)

Download 6. Rising Policy Uncertainty / Steven J. Davis (792 KB)

Download 7. Measuring Economies from Space / Adam Storeygard (1.1 MB)

Contents

  1. Alternative Economic Indivators / C. James Hueng
  2. Getting It Wrong: How Faulty Monetary Statistics Undermine the Fed, the Financial System, and the Economy / William A. Barnett and Kun He
  3. A Closer Look at the Chicago Fed’s Activity Indexes / Scott A. Brave
  4. Nowcasting the Great Recession / Domenico Giannone, Eric Qian, Argia Sbordone, Mihir Trivedi, and Patrick Adams
  5. Real-Time Measurement of Business Conditions, Macroeconomic Surprises, and Uncertainty: Is a Recession Looming? / Alessandro Barbarino and Chiara Scotti
  6. Rising Policy Uncertainty / Steven J. Davis
  7. Measuring Economies from Space / Adam Storeygard

ISBN

9780880996778 (ebook)

Subject Areas

LABOR MARKET ISSUES

Alternative Economic Indicators

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Citation

Hueng, C. James, ed. 2020. Alternative Economic Indicators. Kalamazoo, MI: W.E. Upjohn Institute for Employment Research. https://doi.org/10.17848/9780880996778

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