Showing 1 - 10 of 1,316
satellite-recorded nighttime lights as an additional measurement of true GDP per capita, we provide a statistical framework, in … results for measurement error models to identify and estimate the nonlinear relationship between nighttime lights and true GDP …This paper seeks to illuminate the uncertainty in official GDP per capita measures using auxiliary data. Using …
Persistent link: https://www.econbiz.de/10012019789
This paper examines the origins and use of the concept of Gross National Happiness (or subjective well-being) in the … national surveys of Gross National Happiness in Bhutan, the concept has been used to guide public policymaking for the country … undertake more frequent Gross National Happiness surveys and evaluations, to better build evidence for comovement of well …
Persistent link: https://www.econbiz.de/10012001578
of national accounts benchmarks, availability annual and quarterly GDP estimates, vintage of the System of National … Accounts (SNA), index formula used for calculating annual constant price (volume) estimates, availability of GDP by different … approaches, timeliness of disseminating and annual and quarterly GDP estimates, availability institutional sector accounts, and …
Persistent link: https://www.econbiz.de/10013170270
The paper surveys the characteristics of explicit systems of deposit insurance in 68 countries. It compares these actual practices with a set of best practices that has been adopted by IMF staff for their advice to member countries. These best practices seek to establish a system of deposit...
Persistent link: https://www.econbiz.de/10014400419
are not a good approximation for outputs. If taken seriously, the next logical step is to purge from GDP the fraction of …
Persistent link: https://www.econbiz.de/10009620981
We apply a range of models to the U.K. data to obtain estimates of the output gap. A structural VAR with an appropriate identification strategy provides improved estimates of output gap with better real time properties and lower sensitivity to temporary shocks than the usual filtering...
Persistent link: https://www.econbiz.de/10012170152
This paper investigates various output gap measures in a simple inflation forecasting framework. Reflecting the cyclical position of an economy, an (unobservable) output gap has important implications for economic analysis. I construct and compare common output gap measures for five European...
Persistent link: https://www.econbiz.de/10014401222
are not a good approximation for outputs. If taken seriously, the next logical step is to purge from GDP the fraction of …
Persistent link: https://www.econbiz.de/10014395682
The existing literature suggests a number of alternative methods to test for the presence of contagion during financial market crises. This paper reviews those methods and shows how they are related in a unified framework. A number of extensions are also suggested that allow for multivariate...
Persistent link: https://www.econbiz.de/10014401432
Emerging Europe has undergone a major economic transformation over the past 25 years. Most countries experienced initial drops in output during transition, followed by recovery in the second half of the 1990s. The path of transition in the Western Balkans has however been particularly uneven....
Persistent link: https://www.econbiz.de/10011434920