Corpus ID: 54548637

Forecast Accuracy Improvement: Evidence from U.S. Nonfarm Payroll Employment

@inproceedings{Gregory2008ForecastAI,
  title={Forecast Accuracy Improvement: Evidence from U.S. Nonfarm Payroll Employment},
  author={Allan W. Gregory and J. H. Zhu},
  year={2008}
}
The timing of data release for a speciflc time period of observation is often spread over weeks. For instance o‐cial government statistics are often released at difierent times over the quarter or month and yet cover the same time period. This paper focuses on this separation of announcement timing or data release and the use of econometric real-time methods (what we call an updated vector autoregression forecast) to forecast data that has not yet been made available. In comparison to standard… Expand

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