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Claudia Sahm on how Private Data can Augment Official Statistics
Manage episode 524918607 series 3310600
While official statistics compiled by government agencies are still considered the most reliable, policymakers are increasingly using private data to get around their limitations. Claudia Sahm is a former principal economist at the Federal Reserve Board of Governors and has studied the growing role of alternative data in monetary policy. In this podcast, Sahm says the immediacy and granularity of private company data should serve as a complement to traditional data, not as a substitute.
Transcript: https://bit.ly/3MH31X6
Read the article at IMF.org/fandd
685 episodes
Manage episode 524918607 series 3310600
While official statistics compiled by government agencies are still considered the most reliable, policymakers are increasingly using private data to get around their limitations. Claudia Sahm is a former principal economist at the Federal Reserve Board of Governors and has studied the growing role of alternative data in monetary policy. In this podcast, Sahm says the immediacy and granularity of private company data should serve as a complement to traditional data, not as a substitute.
Transcript: https://bit.ly/3MH31X6
Read the article at IMF.org/fandd
685 episodes
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