The Information Content of KOF Indicators on Swiss Current Account Data Revisions
CESifo, Munich, 2008
CESifo Working Paper No. 2370
This paper analyses revisions of Swiss current account data, taking into account the actual data revision process and the implied types of revisions. In addition we investigate whether the first release of current account data can be improved upon by the use of survey results as gathered by the KOF Swiss Economic Institute, ETH Zurich. An answer in the affirmative indicates that it is possible to improve first releases and thereby enhance the current assessment of the Swiss economy.
Empirical and Theoretical Methods