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Home > Working Papers > View by Author > Michelle T. Armesto

Michelle T. Armesto Working Papers

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#2007-010B "Measuring the Information Content of the Beige Book: A Mixed Data Sampling Approach"
by Michelle T. Armesto, Rubén Hernández-Murillo, Michael T. Owyang, and Jeremy M. Piger
March 2007
Revised May 2008

Studies of the predictive ability of the Federal Reserve's Beige Book, an anecdotal measure of regional economic conditions, for aggregate output and employment have proven inconclusive. More...
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