Research:

"Improving Forecasts in Real Time," manuscript, November 2024. (pdf)

"Can You Improve Upon the GDP Forecasts of Professional Forecasters?" manuscript, November 2024. (pdf)

Here is an updated bibliography divided into topic areas and in latex bib format of papers that I know of that use real-time data. Send an email to me if you know of a paper that should be added to the list.

Curriculum Vitae

MOST IMPORTANT CAREER ACCOMPLISHMENTS

1990: Create Survey of Professional Forecasters; see my 1993 Business Review Article, "Introducing: The Survey of Professional Forecasters" (Link here)

1999: Create Real-Time Data Set for Macroeconomists; see my article with Tom Stark, "A Real-Time Data Set for Macroeconomists," Journal of Econometrics 105 (November 2001), pp. 111-30. (Link to working-paper version here.)

2006: Become co-author with Andy Abel and Ben Bernanke, Macroeconomics., 6th and all subsequent editions.

CURRENT MAJOR ACTIVITIES

Help organize annual conference on Real-Time Data Analysis, see Real-Time Economics Conference link

Help organize conference and interest groups for the group of Macroeconomists at Liberal Arts Colleges, see https://blog.richmond.edu/lamacroworkshop/

Serve as chair of Economics Department at University of Richmond

BIO

Dr. Dean Croushore is Professor of Economics and Rigsby Fellow at the University of Richmond. He currently serves as the Chair on the Economics Department. Dr. Croushore came to the University of Richmond in 2003 after 14 years at the Federal Reserve Bank of Philadelphia, where he was Vice President and Economist. The focus of his research in recent years has been on forecasting and on how data revisions affect monetary policy, forecasting, and macroeconomic research. Dr. Croushore’s publications include articles in many leading economics journals. He is co-author with Andrew B. Abel and Ben S. Bernanke of Macroeconomics, 11th edition, published by Pearson/Addison Wesley.

NYTIMES QUOTATION OF THE DAY: Sept. 18, 2015, "There is always a reason to chicken out." Quoted after the Federal Reserve postponed an expected increase in interest rates.