Similar Search Results

Diewert, W. Erwin - 2003

The paper revisits Harper, Berndt and Wood (1989) and calculates Canadian reproducible capital services aggregates under alternative assumptions about the form of depreciation, the opportunity cost of capital and the treatment of capital gains. Five different models of depreciation are...

Persistent link: https://www.econbiz.de/10012469176

Why Measure Inequality?

Kaplow, Louis - 2002

A large body of literature is devoted to the measurement of income inequality, yet little attention is given to the … question, Why measure inequality? However, the reasons for measurement bear importantly on whether and how measurement should … of the sort that are emphasized in the existing measurement literature. Measures of poverty are also considered, and …

Persistent link: https://www.econbiz.de/10012469364

Using Heteroscedasticity to Estimate the Returns to Education

Hogan, Vincent - 2002

We apply a new estimator to the measurement of the economic returns to education. We control for endogenous education …, unobserved ability and measurement error using only the natural heteroscedasticty of wages and education attainment. Our prefered … that use IV. Our results indicate that the biases generated by unobserved ability and measurement error tend to cancel each …

Persistent link: https://www.econbiz.de/10012469564

Parametric and Nonparametric Volatility Measurement

Andersen, Torben G. - 2002

categorizing the various volatility concepts, measurement procedures, and modeling procedures. We define three different volatility …

Persistent link: https://www.econbiz.de/10012469613

Time Series Decomposition and Measurement of Business Cycles, Trends and Growth Cycles

Zarnowitz, Victor - 2002

A study of business cycles defined as sequences of expansions and contractions in the level of general economic activity does not require trend estimation and elimination, but a study of growth cycles defined as sequences of high and low growth phases does. Major cyclical slowdowns and booms...

Persistent link: https://www.econbiz.de/10012469979

Asset Prices in the Measurement of Inflation

Bryan, Michael F. - 2002

houses -- we find that the failure to include housing prices resulted in the largest potential measurement error. This …

Persistent link: https://www.econbiz.de/10012470015

Redistribution through Education and Other Transfer Mechanisms

Hanushek, Eric - 2001

Educational subsidies are frequently justified as a method of altering the income distribution. It is thus natural to compare education to other tax-transfer schemes designed to achieve distributional objectives. While equity-efficiency trade-offs are frequently discussed, they are rarely...

Persistent link: https://www.econbiz.de/10012470128

What do Self-Reported, Objective, Measures of Health Measure?

Baker, Michael - 2001

measurement error in these 'objective, self-reported' measures of health. Our analysis makes use of a unique data set that matches …

Persistent link: https://www.econbiz.de/10012470300

High-Frequency Substitution and the Measurement of Price Indexes

Feenstra, Robert C. - 2001

This paper investigates the use of high-frequency scanner data to construct price indexes. In the presence of inventory behavior, purchases and consumption by individuals differ over time. Cost-of-living indexes can still be constructed using data on purchases. For weekly data on canned tuna,...

Persistent link: https://www.econbiz.de/10012470550

Contagion : How to Measure It?

Rigobon, Roberto - 2001

The empirical literature on contagion has mainly measured the propagation of shocks across countries using daily stock markets, interest rates, and exchange rates. Several methodologies have been used for this purpose, however, the properties of the data introduces important limitations on the...

Persistent link: https://www.econbiz.de/10012470611