Claudia Sahm on how Private Data can Augment Official Statistics
Courtesy of Claudia Sahm
In This Episode
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.
Read the article in the IMF's Finance & Development magazine
CLAUDIA SAHM is chief economist at New Century Advisors, an investment management firm.
