{"id":487,"date":"2017-12-05T14:31:53","date_gmt":"2017-12-05T14:31:53","guid":{"rendered":"http:\/\/hardouvelis.gr\/?p=487"},"modified":"2018-05-17T16:18:01","modified_gmt":"2018-05-17T13:18:01","slug":"money-interest-rates-effects-temporal-aggregation-data-revisions","status":"publish","type":"post","link":"https:\/\/hardouvelis.gr\/el\/money-interest-rates-effects-temporal-aggregation-data-revisions\/","title":{"rendered":"Money and Interest Rates: The Effects of Temporal Aggregation and Data Revisions"},"content":{"rendered":"<p class=\"qtranxs-available-languages-message qtranxs-available-languages-message-el\">\u0395\u03b3\u03b3\u03c1\u03b1\u03c6\u03ae \u03b4\u03b9\u03b1\u03b8\u03ad\u03c3\u03b9\u03bc\u03b7 \u03c3\u03c4\u03b1 <a href=\"https:\/\/hardouvelis.gr\/en\/wp-json\/wp\/v2\/posts\/487\" class=\"qtranxs-available-language-link qtranxs-available-language-link-en\" title=\"English\">English<\/a>. For the sake of viewer convenience, the content is shown below in the alternative language. You may click the link to switch the active language.<\/p><p><strong>Money and Interest Rates: The Effects of\u00a0Temporal Aggregation and Data Revisions<\/strong><br \/>\nAuthors: Thomas J. Cunningham and Gikas A. Hardouvelis<br \/>\n<em>Journal: Journal of Economics and Business, February 1992, volume 44:19-30<\/em><\/p>\n<p>Abstract: Econometric estimates of liquidity effects produce results that are, at best, mixed. Yet the liquids effect remains a central transmission mechanism for monetary effects. This<br \/>\narticle examines how problems of data revisions and temporal aggregation affect the empirical effort. \u00a0We test for liquidity effects, using both initially announced and finally revised M1 data, aggregating across different time intervals and time periods, using different aggregation techniques. We were able to uncover a liquids effect only in the post-October 1979 period and only at a 13-week observational interval with nonaggregated end-of-period M 1 data.<\/p>\n<p><a href=\"http:\/\/hardouvelis.gr\/wp-content\/uploads\/2017\/12\/JEcoBus_199244_19-30-1.pdf\">Download Money and Interest Rates: The Effects of Temporal Aggregation and Data Revisions pdf<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>\u0395\u03b3\u03b3\u03c1\u03b1\u03c6\u03ae \u03b4\u03b9\u03b1\u03b8\u03ad\u03c3\u03b9\u03bc\u03b7 \u03c3\u03c4\u03b1 English. For the sake of viewer convenience, the content is shown below in the alternative language. You<\/p>\n","protected":false},"author":1,"featured_media":4399,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,5],"tags":[],"yst_prominent_words":[887,882,874,318,880,294,883,876,495,877,885,886,884,878,881,873,2440,879,875,872],"class_list":["post-487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-academic-publications","category-publications-in-refereed-academic-journals"],"acf":[],"_links":{"self":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/487","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/comments?post=487"}],"version-history":[{"count":5,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/487\/revisions"}],"predecessor-version":[{"id":2612,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/posts\/487\/revisions\/2612"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/media\/4399"}],"wp:attachment":[{"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/media?parent=487"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/categories?post=487"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/tags?post=487"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/hardouvelis.gr\/el\/wp-json\/wp\/v2\/yst_prominent_words?post=487"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}