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@inproceedings{1124348, author = {Čapek, Jan}, address = {Jihlava}, booktitle = {Proceedings of 31th International Conference Mathematical Methods in Economics}, edition = {1}, keywords = {realtime data; data revision; recursive estimate; DSGE model}, howpublished = {paměťový nosič}, language = {eng}, location = {Jihlava}, isbn = {9788087035764}, pages = {107112}, publisher = {College of Polytechnics Jihlava}, title = {Realtime versus revised Czech data: a DSGE analysis}, year = {2013} }
TY  JOUR ID  1124348 AU  Čapek, Jan PY  2013 TI  Realtime versus revised Czech data: a DSGE analysis PB  College of Polytechnics Jihlava CY  Jihlava SN  9788087035764 KW  realtime data KW  data revision KW  recursive estimate KW  DSGE model N2  The paper investigates the effects of using realtime data instead of revised final data within Dynamic Stochastic General Equilibrium (DSGE) framework. Theoretically, using most recent, updated historical data for expost analyses for a historical timesample may be misleading, because revised data were not available at that time. The contribution uses a smallscale monetary macroeconomic DSGE model to analyze the importance of realtime data compared to mostrecent revised data with a focus on the differences in decisionmaking of the monetary authority. The analysis proceeds from Bayesian estimation of model parameters in a model with realtime data and in a model with the most recent revised data. ER 
ČAPEK, Jan. Realtime versus revised Czech data: a DSGE analysis. In \textit{Proceedings of 31th International Conference Mathematical Methods in Economics}. 1st ed. Jihlava: College of Polytechnics Jihlava, 2013. p.~107112. ISBN~9788087035764.
