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The availability of copious amounts of data produced by the increasing datification of our society is nowadays deemed an opportunity to produce timely and convenient statistical information. This paper shows the building of economic sentiment indexes from the texts of the most read economic...
Persistent link: https://www.econbiz.de/10013453734
We develop a programming algorithm that predicts a balanced-panel mix-adjusted house price index for arbitrary spatial …
Persistent link: https://www.econbiz.de/10012597680
The paper presents a general theory of the aggregation of prices and quantities that unifies the field and relates … topics that in the past have been treated separately and unsatisfactorily, or not at all. The theory does without the common … the theory lead to Törnqvist indexes defined on the appropriate data set. A numerical example confirms that in the non …
Persistent link: https://www.econbiz.de/10011514055
The production index is an important indicator for assessing the cyclical state of the economy. Unfortunately, the …
Persistent link: https://www.econbiz.de/10011514105
We introduce the revised version of the KOF Globalisation Index, a composite index measuring globalization for every … country in the world along the economic, social and political dimension. The original index was introduced by Dreher (2006 …) and updated in Dreher et al. (2008). This second revision of the index distinguishes between de facto and de jure measures …
Persistent link: https://www.econbiz.de/10011954444
their productivity and net worth and face collateral constraints that cause capital misallocation. TFP endogenously depends … equilibrium, general-equilibrium effects overturn this result: a monetary expansion increases the investment of high-productivity … firms relatively more than that of low-productivity ones, crowding out the latter and increasing TFP. We provide empirical …
Persistent link: https://www.econbiz.de/10012697125
Total Factor Productivity (TFP), the empirical evidence on agglomeration externalities rests on measures obtained using firm … suggests that the revenue productivity advantage of denser areas is mainly driven by higher prices charged rather than …-level differences in productivity across space. …
Persistent link: https://www.econbiz.de/10012211220
We extend the trade restrictiveness index approach to the case of market imperfections and domestic regulations …
Persistent link: https://www.econbiz.de/10010412410
index numbers and demand for characteristics to develop a new method for incorporating changes on the extensive …
Persistent link: https://www.econbiz.de/10011977187
In this paper, we propose a novel index for measuring intra-generational redistribution in pay-as-you-go pension … schemes. Our index solely requires information on contributions and pension benefits of retirees, enabling us to measure intra … predictions of our index. The reform introduced additional benefits for a subgroup of substantial size of German mothers, due to …
Persistent link: https://www.econbiz.de/10012197556