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We suggest to use car sale prices from internet advertisements for measuring economic inequality between and within German regions. Our estimates of regional income levels and Gini indices based on advertisements are highly positively correlated with the official figures.
Persistent link: https://www.econbiz.de/10010594121
The paper evaluates the quality of the German national accounting data (GDP and its useside components) as measured by the magnitude and dispersion of the forecast / revision errors. It is demonstrated that government consumption series are the least reliable, whereas real GDP and real private...
Persistent link: https://www.econbiz.de/10008784854