Discussion Paper

Do National Account Statistics Underestimate US Real Output Growth?


Abstract: In this note, we introduce a new estimate of GDO obtained from a Non-Stationary Dynamic Factor model estimated on a large dataset of US macroeconomic indicators.

https://doi.org/10.17016/2380-7172.2116

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Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2018-01-09

Number: 2018-01-09-1