全球智库信息集成服务系统(G2TT): DP5332 Saving Incentives for Low- and Middle-Income Families: Evidence from a Field Experiment with H&R Block

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP5332
	DP5332 Saving Incentives for Low- and Middle-Income Families: Evidence from a Field Experiment with H&R Block
	William Gale; Jeffrey Liebman; Emmanuel Saez; Esther Duflo
发表日期	2005-10-31
出版年	2005
语种	英语
摘要	We document the empirical properties of revisions to major macroeconomic variables in the United States. Our findings suggest that they do not satisfy simple desirable statistical properties. In particular, we find that these revisions do not have a zero mean, which indicates that the initial announcements by statistical agencies are biased. We also find that the revisions are quite large compared to the original variables and they are predictable using the information set at the time of the initial announcement, which means that the initial announcements of statistical agencies are not rational forecasts. We also provide evidence that professional forecasters ignore this predictability.
主题	International Macroeconomics
关键词	Forecasting News and noise Real-time data Nipa variables
URL	https://cepr.org/publications/dp5332
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/534194
推荐引用方式 GB/T 7714	William Gale,Jeffrey Liebman,Emmanuel Saez,et al. DP5332 Saving Incentives for Low- and Middle-Income Families: Evidence from a Field Experiment with H&R Block. 2005.