Real-time macroeconomic monitoring
Subtitle: real activity, inflation, and interactions
By: S. Boragan Aruoba, Francis X. Diebold.
Contributors: Diebold, Francis X., 1959-; National Bureau of Economic Research.
Series: NBER working paper series -- working paper 15657; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 15657.
Publisher: National Bureau of Economic Research
Published: 2010
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "We sketch a framework for monitoring macroeconomic activity in real-time and push it in new directions.  In particular, we focus not only on real activity, which has received most attention to date, but also on inflation and its interaction with real activity.  As for the recent recession, we find that (1) it likely ended around July 2009; (2) its most extreme aspects concern a real activity decline that was unusually long but less unusually deep, and an inflation decline that was unusually deep but brief; and (3) its real activity and inflation interactions were strongly positive, consistent with an adverse demand shock"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 2/23/2010.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.