Data revisions and the effects of monetary policy volatility
نویسندگان
چکیده
I quantify the role of data revisions in estimating impact monetary policy-induced volatility on business cycle fluctuations. To that end, construct real-time and final data-based measures policy volatility. The results suggest effects two are qualitatively similar. However, real-data output is lower than These findings implications volatility, found literature, possibly overstated.
منابع مشابه
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ژورنال
عنوان ژورنال: Economics Letters
سال: 2022
ISSN: ['1873-7374', '0165-1765']
DOI: https://doi.org/10.1016/j.econlet.2022.110520