Narrow search
Showing 1 - 10 of 1,615
Cover Image
An Index Number Formula Problem : The Aggregation of Broadly Comparable items
Silver, Mick - 2009
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
Cover Image
Corruption, Public Investment, and Growth
Tanzi, Vito - 1997
Corruption, particularly political or “grand” corruption, distorts the entire decision-making process connected with public investment projects. The degree of distortions is higher with weaker auditing institutions. The evidence presented shows that higher corruption is associated with (i)...
Persistent link: https://www.econbiz.de/10014401205
Cover Image
COVID-19 and the CPI : is inflation underestimated?
Reinsdorf, Marshall B. - 2020
Persistent link: https://www.econbiz.de/10012392420
Cover Image
Measuring Competitiveness
Neary, J. Peter - 2006
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
Cover Image
Whose Inflation? : A Characterization of the CPI Plutocratic Bias
Ley, Eduardo - 2001
standard CPI and a democratically weighed index (i.e., the plutocratic bias) as the product of average income, income …
Persistent link: https://www.econbiz.de/10014400882
Cover Image
Why Elementary Price Index Number Formulas Differ : Price Dispersion and Product Heterogeneity
Silver, Mick - 2006
The Consumer Price Index Manual (2004) provides guidelines for aggregation formulas that are promulgated at IMF … training courses and technical assistance missions. This paper develops elementary level aggregation theory to better inform … users and compilers. Most countries use either the Dutot or Jevons index formula. These formulas generally give different …
Persistent link: https://www.econbiz.de/10014402245
Cover Image
ICT, financial inclusion, and growth : evidence from African countries
Andrianaivo, Mihasonirina; Kpodar, Kangni - 2011
Persistent link: https://www.econbiz.de/10009486242
Cover Image
Price Imputation and Other Techniques for Dealing with Missing Observations, Seasonality and Quality Change in Price Indices
Armknecht, Paul A. - 1999
Price index compilers frequently face situations where price observations are missing due to seasonal unavailability … indices. This paper presents statistical imputation techniques that index compilers can use to prevent bias and suggests the …
Persistent link: https://www.econbiz.de/10014400856
Cover Image
A New Index of Currency Mismatch and Systemic Risk
Ranciere, Romain - 2010
This paper constructs a new measure of currency mismatch in the banking sector that controls for bank lending to unhedged borrowers. This measure explicitly takes into account the indirect exchange rate risk that banks undertake when they lend to borrowers that will not be able to repay in the...
Persistent link: https://www.econbiz.de/10014402704
Cover Image
Index Number Biases During Price Liberalization
Osband, Kent - 1991
When a formerly centrally-planned economy frees prices and allows or compels producers to respond to market signals, conventional measures tend to severely overstate short–run output decline and inflation. In part the overstatement stems from neglect of private sector activity, or from belated...
Persistent link: https://www.econbiz.de/10014398096