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COVID-19 changed consumers' spending patterns, making the CPI weights suddenly obsolete. In most regions, adjusting the CPI weights to account for the changes in spending patterns increases the estimate of inflation over the early months of the pandemic. Under-weighting of rising food prices and...
Persistent link: https://www.econbiz.de/10012392420
Promoting credit services to small and medium-size enterprises (SMEs) has been a perennial challenge for policy makers globally due to high information costs. Recent fintech developments may be able to mitigate this problem. By leveraging big data or digital footprints on existing platforms,...
Persistent link: https://www.econbiz.de/10012391582
Corruption is macro-relevant for many countries, but is often hidden, making measurement of it-and its effects …
Persistent link: https://www.econbiz.de/10011905930
This paper proposes a new quality of growth index (QGI) for developing countries. The index encompasses both the …
Persistent link: https://www.econbiz.de/10014411509
Persistent link: https://www.econbiz.de/10010441787
Index number theory informs us that if data on matched prices and quantities are available, a superlative index number … formula is best to aggregate heterogeneous items, and a unit value index to aggregate homogeneous ones. The formulas can give … as to why such formulas differ and proposes a solution to this index number problem …
Persistent link: https://www.econbiz.de/10014404313
measures inspired by the economic theory of index numbers. The indices provide a theoretical benchmark for estimated real …
Persistent link: https://www.econbiz.de/10014400395
This paper assesses the effectiveness of foreign aid in reducing poverty through its impact on human development …
Persistent link: https://www.econbiz.de/10014400747
Poverty and inequality in Sub-Saharan Africa (SSA) should not be ascertained only on the basis of scarce and unreliable … poverty and inequality have increased over the past 30 years are based on regional income estimates with falling medians and … and more dehumanizing poverty in the years ahead even if meaningful economic growth is achieved. As underscored by the …
Persistent link: https://www.econbiz.de/10014401026
This paper provides a brief and selective overview of research on the links between macroeconomic policies and poverty … reduction. Using the Human Development Index as a measure of well-being, the progress made by 100 countries during 1975–98 is …
Persistent link: https://www.econbiz.de/10014401618