FOMC Learning and Productivity Growth (1985-2003): A Reading of the Record (ICPSR 34709)
Version Date: Jun 19, 2013 View help for published
Principal Investigator(s): View help for Principal Investigator(s)
Richard G. Anderson, Federal Reserve Bank of St. Louis;
Kevin L. Kliesen, Federal Reserve Bank of St. Louis
https://doi.org/10.3886/ICPSR34709.v1
Version V1
Summary View help for Summary
The increasingly rapid productivity growth that began in the 1990s was the defining economic event of the decade and a major topic of debate among Federal Reserve policymakers. A key aspect of the debate was the contrast between information contained in aggregate data, which initially suggested little productivity gain, and anecdotal firm-level evidence, which hinted at the productivity acceleration. The authors revisit this debate from the actual FOMC transcripts. Their study illustrates the process by which policymakers filter incoming data to identify changes in underlying fundamental trends.
Citation View help for Citation
Export Citation:
Subject Terms View help for Subject Terms
Geographic Coverage View help for Geographic Coverage
Distributor(s) View help for Distributor(s)
Time Period(s) View help for Time Period(s)
Data Collection Notes View help for Data Collection Notes
-
The data are distributed as a Microsoft Excel file, which provides data, tables, and figures used in the publication.
-
These data are part of ICPSR's Publication-Related Archive and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigators if further information is desired.
Original Release Date View help for Original Release Date
2013-06-19
Version History View help for Version History
- Anderson, Richard G., and Kevin L. Kliesen. FOMC Learning and Productivity Growth (1985-2003): A Reading of the Record. ICPSR34709-v1. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2013-06-19. http://doi.org/10.3886/ICPSR34709.v1
Notes
These data are flagged as replication datasets and are distributed exactly as they arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.
The public-use data files in this collection are available for access by the general public. Access does not require affiliation with an ICPSR member institution.