; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "Data Revisions and the Identification of Monetary Policy Shocks"; ; "batchuser@example.com"; "Evans, Charles, 1958-", "Croushore, Dean Darrell, 1956-"; "Data revisions", "Identification", "VARs", "Monetary policy", "Shocks", "Real-time data"; "C82 - Methodology for Collecting, Estimating, and Organizing Macroeconomic Data; Data Access", "E52 - Monetary Policy", "C32 - Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models"; "Monetary policy research using time series methods has been criticized for using more information than the Federal Reserve had available in setting policy. To quantify the role of this criticism, we propose a method to estimate a VAR with real-time data while accounting for the latent nature of many economic variables, such as output. Our estimated monetary policy shocks are closely correlated with a typically estimated measure. The impulse response functions are broadly similar across the methods. Our evidence suggests that the use of revised data in VAR analyses of monetary policy shocks may not be a serious limitation."^^; "2000-09"; "2018-03-29T18:19:16.120187722+00:00"^^; ; "2021-01-15T22:28:38.225613494+00:00"^^; "Conference Proceeding"; "164", "225"; "Joint committee on business and financial analysis"; "VARs", "Real-time data", "Shocks", "Monetary policy", "Data revisions", "Identification"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Research Department."; ; "ConferenceProceeding" . ; .