search query: @indexterm economic conditions / total: 1703
reference: 119 / 1703
| Author: | Balke, N.S. Petersen, D. |
| Title: | How well does the beige book reflect economic activity? Evaluating qualitative information quantitatively |
| Journal: | Journal of Money, Credit and Banking
2002 : FEB, VOL. 34:1, p. 114-136 |
| Index terms: | BANKING ECONOMIC CONDITIONS INFORMATION QUALITATIVE RESEARCH QUANTITATIVE TECHNIQUES |
| Language: | eng |
| Abstract: | Eight times a year, approximately two weeks before every FOMC meeting, the Federal Reserve releases a description of economic conditions in the twelve Federal Reserve districts. Called the Beige Book, this description relies primarily on surveys and anecdotal evidence gathered by the twelve district banks. For this paper, the authors read and numerically scored past Beige Books in order to determine the extent to which the descriptions in these books accurately reflect current economic activity as measured by quarterly real GDP growth. |
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