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A SAM (Social Accounting Matrix) can be an important tool for measuring a society’s activity, underlying which there are systems that can be worked upon in different ways. This tool will be presented as an alternative support for those who intervene in the policymaking process, which can be...
Persistent link: https://www.econbiz.de/10009220675
linked to the economic circumstances: the economic crisis of the thirties, the Second World War and the need for recovery … practice have increasingly been dominated by these guidelines. The period since the Second World War can thus best be labelled … World War. After gaining wider acceptance and maturity, a great deal of them has been included in the guidelines and some …
Persistent link: https://www.econbiz.de/10009386722
Depression, and Milton Gilbert, author of Commerce’s first estimates of gross national product (GNP) during World War II, over …
Persistent link: https://www.econbiz.de/10011257743
The main issue of this article is to discuss the question of ‘precarity’ in the context of the theory of social quality (see Beck et al, 2001), with which to pave the way for developing further the theoretical foundation of precarity. Societal practice is the main challenge this concept...
Persistent link: https://www.econbiz.de/10005836955
Based on first-hand account, this paper offers evidence on price setting and price adjustment mechanisms that were illegally employed under the Soviet planning and rationing regime. The evidence is anecdotal, and is based on personal experience during the years 1960–1971 in the Republic of...
Persistent link: https://www.econbiz.de/10005837500
The rapid growth of substitutes for cash, particularly debit and credit cards, has led economists to predict the advent of the “cashless society”. Yet cash holdings in most developed economies continue to grow and in the U.S., per capita currency holdings now amount to $3000. This paper...
Persistent link: https://www.econbiz.de/10011259369
When attempting to deal with the recalculation process, it is hard to answer the question “Does the recalculated series include economic events and seasonal behaviours in the past?”. This paper discusses some alternative backward recalculation methods and presents the applications and their...
Persistent link: https://www.econbiz.de/10011260681
Ladislaus von Bortkiewicz has criticized chain indices and Irving Fisher's time and factor reversal tests. However, his arguments (published in German articles) though well ahead of his time and still relevant today are widely fallen in oblivion. He was not the only German statistician who...
Persistent link: https://www.econbiz.de/10011265679
This study sheds new light on the question of whether or not sentiment surveys, and the expectations derived from them, are relevant to forecasting economic growth and stock returns, and whether they contain information that is orthogonal to macroeconomic and financial data. I examine 16...
Persistent link: https://www.econbiz.de/10009647399
The official national accounts statistics do not show the role of human capital in the national economy. A set of satellite tables supplementing the standard national accounts statistics could serve this data need. In this satellite account, expenditure on education and training are recorded as...
Persistent link: https://www.econbiz.de/10009353823