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PROFESSOR OF ECONOMICS
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DATA

 

Real Time Data Set for Macroeconomists (links off-site to Philadelphia Fed)
I created this data set while working at the Federal Reserve Bank of Philadelphia, along with my colleague, Tom Stark.
My research assistants at the University of Richmond are contributing new series, as are research assistants at the Philadelphia Fed.
The data set is maintained and updated at the Federal Reserve Bank of Philadelphia.

Here is a bibliography (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.

 

Additional Real-Time Data

The State of the Economy in Real Time

  • U.S.: Federal Reserve Bank of Philadelphia ADS Business Conditions Index (ADS)
  • U.S.: Federal Reserve Bank of Chicago National Activity Index (CFNAI)
  • U.S.: Federal Reserve Bank of Kansas City Financial Stress Index (KCFSI)

Survey of Professional Forecasters (links off-site to Philadelphia Fed)

I helped create this survey by taking over the old ASA/NBER survey while working at the Federal Reserve Bank of Philadelphia.
The survey is still run by the Federal Reserve Bank of Philadelphia.

Here is a bibliography of papers that I know of that use the SPF data. Send an email to me if you know of a paper that should be added to the list.

 

Greenbook Data Set (links off-site to Philadelphia Fed)

This link takes you to the Philadelphia Fed's web site. The first data set (Philadelphia Fed's Greenbook Data Set) is one that I created while working at the Federal Reserve Bank of Philadelphia, for my paper “A Measure of Federal Reserve Credibility”. The Philadelphia Fed has since been updating the data set.  The other data sets were created from scanned sheets from the Greenbook, created by the Board of Governors and posted on the Philadelphia Fed’s web site, which contains many more series. But its quality is lower—there are many errors that have not been corrected.

 

Livingston Survey (links off-site to Philadelphia Fed)

I was responsible for this survey for several years while working at the Federal Reserve Bank of Philadelphia. The Survey of Professional Forecasters is of higher quality, but the Livingston Survey was started much earlier.
The survey is still run by the Federal Reserve Bank of Philadelphia.

Here is a bibliography of papers that I know of that use the Livingston data. Send an email to me if you know of a paper that should be added to the list.