Showing 1 - 10 of 28
After conceptual clarification of "international business cycle" and a review of the literature, a new indicator is proposed. This indicator refers to two time series only and allows for an internationally comparable quantification of a country's position in the business cycle. We then calculate...
Persistent link: https://www.econbiz.de/10005837635
With Laspeyres, Paasche and other authors such as Drobisch and Lehr, Germany made quite a promising start in index theory in the last decades of the 19th century. However, it soon lost ground after this period, which is described in this paper. The focus is not on biographies but on...
Persistent link: https://www.econbiz.de/10010907922
A method is proposed to measure capital services in production. This means that productive assets are weighted according to their user costs. The user costs of the individual asset classes are estimated based on data from the national accounts and other sources. The results show that, in the...
Persistent link: https://www.econbiz.de/10010907929
In a number of articles Neubauer tried to justify and recommend the use of two formulas, one known as Palgrave's index, the other being the harmonic mean of price relatives where weights are expenditures at base period. The properties of the two formulas are examined in detail. The indices have...
Persistent link: https://www.econbiz.de/10005027186
Der Aufsatz gibt einen Überblick über die Quellen von Verzerrungen des US-amerikanischen Konsumentenpreisindexes (CPI) nach oben sowie nach unten und diskutiert die Maßnahmen, die das Bureau of Labor Statistics ergriffen hat, um sie zu beseitigen. Die verbliebenen Verzerrungen werden...
Persistent link: https://www.econbiz.de/10005626952
The paper shows that the assessment of the speed of productivity growth crucially depends on how one chooses to measure value added. According to a widely held view, the growth rate of labour productivity has increased significantly in the U.S. since the mid-90s. The U.S. is perceived to...
Persistent link: https://www.econbiz.de/10005837627
Welche Bedeutung sollte dem ökonomischen Theorieansatz und damit insbesondere dem ökonomischen Kostenindex der Lebenshaltung (im Folgenden als "nutzenbasierter Ausgabenindex", NBA, bezeichnet) in der amtlichen Inflationsmessung eingeräumt werden? In diesem Beitrag werden die Potenziale des...
Persistent link: https://www.econbiz.de/10005837638
In this paper, an Unobserved Components Model is used to decompose the balances of Ifo Business survey data into the cyclical, the seasonal and the irregular components, as well as the working day effect. The empirical results show that the total cycle consists of three subcycles with about 3, 5...
Persistent link: https://www.econbiz.de/10008533705
The System of National Accounts (SNA) as well as the Boskin Report inconclusively discarded the idea of pure price comparison in favour of index formulas for which a meaningful interpretation is difficult to he found. The shortcomings of the "economic theory" approach followed in the Boskin...
Persistent link: https://www.econbiz.de/10008596450
Economic researchers often consider quotients like R&D investment divided by sales which could be used to measure “research intensity” of firms if available. However, data on research in particular are highly confidential and would not be released in original form. Therefore scientific use...
Persistent link: https://www.econbiz.de/10008596464