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Estimates of household expenditures directly obtained from the Family Income and Expenditure Survey (FIES) and … household final consumption expenditures from national accounts have discrepancies, with their divergence generally growing … accounts and survey-based estimates of household expenditure. Further, it also encourages the conduct of other data collection …
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We use factor analysis to summarize information from various macroeconomic indicators, effectively producing coincident indicators for the Chinese economy. We compare the dynamics of the estimated factors with GDP, and compare our factors with other published indicators for the Chinese economy....
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This paper presents an approach to reconciling household surveys and national accounts data. The problem is how to use … the information provided by the national accounts data to re-estimate the household weights used in the survey so that the … entropy measure of information. The survey household weights are treated as a prior. New weights are estimated that are close …
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We introduce a high-dimensional structural time series model, where co-movement between the components is due to common factors. A two-step estimation strategy is presented, which is based on principal components in differences in a first step and state space methods in a second step. The...
Persistent link: https://www.econbiz.de/10011309972
The purpose of this paper is to build consistent, integrated datasets to investigate whether various disaggregated data can shed light on the possible sources of the statistical discrepancy. Our strategy is first to use disaggregated data to estimate consistent sets of input-output models that...
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