Public Policy Tipoffs Involving Missouri Newsletter for Monday September 22, 2025 ( 1 items ) |
Federal Reserve Bank of St. Louis: 'Out-of-Sample Inference With Annual Benchmark Revisions'
ST. LOUIS, Missouri, Sept. 21 (TNSLrpt) -- The Federal Reserve Bank of St. Louis issued the following white paper (No. 2025-020) on September 11, 2025, by Silvia Goncalves, Michael McCracken, and Yongxu Yao entitled "Out-of-Sample Inference with Annual Benchmark Revisions."
Here is the abstract:
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This paper examines the properties of out-of-sample predictability tests evaluated with real-time data subject to annual benchmark revisions. The presence of both regular and annual revisions ca
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