; ; ; "ActiveFedora::Aggregation::ListSource" . a , ; "Rational Expectations Modeling with Seasonally Adjusted Data"; ; "batchuser@example.com"; "Sims, Christopher A."; "Federal Reserve Bank of Minneapolis"; "D46 - Value Theory", "G28 - Financial Institutions and Services: Government Policy and Regulation", "C68 - Computable General Equilibrium Models"; "In a world where time series show clear seasonal fluctuations, rational agents will take account of those fluctuations in planning their own behavior. Using seasonally adjusted data to model behavior of such agents throws away information and introduces possibly severe bias. Nonetheless it may be true fairly often that rational expectations modeling with seasonally adjusted data, treating the adjusted data as if it were actual data, gives approximately correct results; and naive extensions of standard modeling techniques to seasonally unadjusted data may give worse results than naive use of adjusted data. This paper justifies these claims with examples and detailed arguments."^^; "1990-12-01"; "2019-05-21T19:03:55.329941939+00:00"^^; "https://doi.org/10.21034/dp.35"; ; "https://creativecommons.org/licenses/by-nc/4.0/"; "Wed Apr 22 16:47:19 2020"; "https://creativecommons.org/licenses/by-nc/4.0/"; "Research Paper"; "727"; "Discussion paper (Federal Reserve Bank of Minneapolis. Institute for Empirical Macroeconomics)"; "035"; ; ; ; ; "Federal Reserve Bank of Minneapolis. Institute for Empirical Macroeconomics"; "Published in: _Journal of Econometrics_ (Vol. 55, No. 1-2, January-February 1993, pp. 9-19) https://doi.org/10.1016/0304-4076(93)90002-M."^^; ; "Publication" . ; .