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Keywords:Statistics 

Journal Article
North Texas income dip may reflect decline in education

Southwest Economy , Issue Sep , Pages 10

Working Paper
The adequacy of the data on U.S. international financial transactions: a Federal Reserve perspective

This paper was prepared for the meeting of the Panel on International Capital Transactions of the National Research Council (National Academy of Sciences), April 23, 1992. There are well-documented inadequacies in the data on U.S. international capital flows, cross-border holdings of assets, and investment income. In order to set priorities for data improvements, it is necessary to evaluate our needs for information, survey possible additions and alternatives to the current data collection system, and weigh the costs and benefits of proposed improvements. ; This paper focuses on only one ...
International Finance Discussion Papers , Paper 430

Working Paper
Rounding in earnings data

A report showing that although rounding in earnings data is typically ignored, its systematic nature affects some commonly used statistics based on earnings data, particularly those focusing on a specific region of the wage distribution.
Working Papers (Old Series) , Paper 9612

Journal Article
Economic statistics: new needs for the twenty-first century

Selected Papers from a Conference Cosponsored by the Federal Reserve Bank of New York, the Conference on Research in Income and Wealth, and the National Association for Business Economics, July 11, 2002. Beverly Hirtle examines the market risk capital figures reported to regulators by U.S. bank holding companies (BHCs) to assess the extent to which such disclosures provide meaningful information about bank risk. The study by Michael J. Fleming finds that the commonly used bid-ask spread--the difference between bid and offer prices--is a useful tool for assessing and tracking liquidity in the ...
Economic Policy Review , Issue Sep

Journal Article
The homeownership gap

Recent years have seen a sharp rise in the number of negative equity homeowners--those who owe more on their mortgages than their houses are worth. These homeowners are included in the official homeownership rate computed by the Census Bureau, but the savings they must amass to retain their home or purchase a new home are daunting. Recognizing that these homeowners are likely to convert to renters over time, the authors of this analysis calculate an "effective" rate of homeownership that excludes negative equity households. They argue that the effective rate--5.6 percentage points below ...
Current Issues in Economics and Finance , Volume 16 , Issue May

Journal Article
The impact of reduced inflation estimates on real output and productivity growth

Despite posting their strongest sustained performance in many years, recent measures of output and productivity growth have still fallen short of their 1960-73 averages. Could data-measurement problems affecting the pricing of some services account for the inability of these widely tracked U.S. growth indexes to match their earlier rates?
Current Issues in Economics and Finance , Volume 5 , Issue Jun

Working Paper
Cleaning up the errors in the monthly \"Employment situation\" report: a multivariate state-space approach

This paper examines the underlying state of the labor market, assuming data in the monthly "Employment Situation" are contaminated by measurement error and other transient noise. To better filter out unobserved noise, the methodology exploits correlations among labor-market series. Household employment and labor force have cross-correlated sampling errors; establishment employment and hours-worked may, also. The Kalman filtering procedure also exploits fundamental economic relationships among these series. Error cross-correlations and economic relationships shape a multivariate labor-market ...
Finance and Economics Discussion Series , Paper 1998-05

Working Paper
Small sample properties of generalized method of moments based Wald tests

Working Paper Series, Macroeconomic Issues , Paper 94-12

Speech
The challenges ahead

Remarks at the Center for the New Economy 2010 Economic Conference, San Juan, Puerto Rico.
Speech , Paper 15

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