RDP 2002-05: Real-Time National Accounts Data References

Andrew Stone and Sharon Wardrop

September 2002

Aspden C (1990), ‘Which is the Best Short-Term Measure of Gross Domestic Product? A Statistical Analysis of the Short-Term Movements of the Three Measures of Gross Domestic Product and Their Average’, Australian Bureau of Statistics Cat No 5206.0 (Australian National Accounts: National Income and Expenditure), June quarter, pp 57–65.

Clarida R, J Gali and M Gertler (1998), ‘Monetary Policy Rules and Macroeconomic Stability: Evidence and Some Theory’, NBER Working Paper No 6442.

Croushore D and T Stark (2000), ‘A Real-Time Data Set for Macroeconomists: Does Data Vintage Matter for Forecasting?’, Federal Reserve Bank of Philadelphia Working Paper No 00–6.

Gray B (1983), ‘Revisions to National Accounts’, Reserve Bank of Australia, mimeo.

Gruen D, T Robinson and A Stone (2002), ‘Output Gaps in Real Time: Are They Reliable Enough to Use for Monetary Policy?’, Reserve Bank of Australia Research Discussion Paper No 2002-06.

Gunther J and R Moore (2000), ‘Early Warning Models in Real Time’, Federal Reserve Bank of Dallas, Financial Industry Studies Working Paper No 1–00.

Judd J and G Rudebusch (1998), ‘Taylor's Rule and the Fed: 1970-1997’, Federal Reserve Bank of San Francisco Economic Review, 3, pp 3–16.

Orphanides A (2000), ‘The Quest for Prosperity Without Inflation’, European Central Bank Working Paper No 15.

Rossiter P and N Brown (1989), ‘The Analysis and Modelling of Revisions to the Australian National Accounts: Some Preliminary Results’, paper presented to the Economic Society of Australia Annual Conference, Adelaide, 10–13 July.

Taylor JB (1993), ‘Discretion versus Policy Rules in Practice’, Carnegie-Rochester Conference Series on Public Policy, 39, pp 195–214.

Taylor JB (1998), ‘An Historical Analysis of Monetary Policy Rules’, NBER Working Paper No 6768.

Taylor JB (2000), ‘Comments on Athanasios Orphanides' The Quest for Prosperity Without Inflation’, PowerPoint presentation slides, available at <http://www.stanford.edu/~johntayl/PptLectures>.