In recent years, advances in the standardization and statistical treatment of standard variables have allowed greater precision in the reporting of short- and long-term economic activity, including, among others, GDP, inflation, and the unemployment rate. But the application of the complex, technical methodologies required in arriving at those calculations has also delayed the … [Read more...] about How New Predictive Models and Timely Data Lead to Better Public Policy Decisions
Santiago Novoa is a research fellow in the Research Department of the Inter-American Development Bank (IDB). His academic work focuses on identifying and theorizing the determinants of economic cycles and growth in emerging economies. He was a fellow of the master's program in economics at Universidad EAFIT, where he worked as a research assistant and assistant professor in postgraduate programs.