Similar Search Results

The Wedge of the Century : Understanding a Divergence between CPI and PPI Inflation Measures

Wei, Shang-Jin - 2018

Two strands of the literature suggest that PPI inflation, rather than CPI inflation, should be the targeting variable in a monetary policy rule. The distinction between these two rules would only be important if the two inflation indices do not co-move strongly. The first contribution of this...

Persistent link: https://www.econbiz.de/10012927035

Measure for Measure : The Relationship between Measures of Instructional Practice in Middle School English Language Arts and Teachers' Value-Added Scores

Grossman, Pamela - 2015

Even as research has begun to document that teachers matter, there is less certainty about what attributes of teachers make the most difference in raising student achievement. Numerous studies have estimated the relationship between teachers' characteristics, such as work experience and academic...

Persistent link: https://www.econbiz.de/10013038814

Measuring Uncertainty

Jurado, Kyle - 2013

This paper exploits a data rich environment to provide direct econometric estimates of time-varying macroeconomic uncertainty, defined as the common volatility in the unforecastable component of a large number of economic indicators. Our estimates display significant independent variations from...

Persistent link: https://www.econbiz.de/10013075857

On Measuring Time Preferences

Andreoni, James - 2013

Eliciting time preferences has become an important component of both laboratory and field experiments, yet there is no consensus as how to best measure discounting. We examine the predictive validity of two recent, simple, easily administered, and individually successful elicitation tools:...

Persistent link: https://www.econbiz.de/10013076699

Who Shrunk China? Puzzles in the Measurement of Real GDP

Feenstra, Robert C. - 2012

The latest World Bank estimates of real GDP per capita for China are significantly lower than previous ones. We review possible sources of this puzzle and conclude that it reflects a combination of factors, including substitution bias in consumption, reliance on urban prices which we estimate...

Persistent link: https://www.econbiz.de/10013112848

Parametric Estimations of the World Distribution of Income

Pinkovskiy, Maxim - 2010

We use a parametric method to estimate the income distribution for 191 countries between 1970 and 2006. We estimate the World Distribution of Income and estimate poverty rates, poverty counts and various measures of income inequality and welfare. Using the official $1/day line, we estimate that...

Persistent link: https://www.econbiz.de/10013150544

Measuring Central Bank Communication : An Automated Approach with Application to FOMC Statements

Lucca, David O. - 2010

We present a new automated, objective and intuitive scoring technique to measure the content of central bank communication about future interest rate decisions based on information from the Internet and news sources. We apply the methodology to statements released by the Federal Open Market...

Persistent link: https://www.econbiz.de/10013150907

Measuring Economic Growth from Outer Space

Henderson, J. Vernon - 2010

growth to augment existing income growth measures, under the assumption that measurement error in using observed light as an … indicator of income is uncorrelated with measurement error in national income accounts. For countries with good national income … official data. Lights data also allow for measurement of income growth in sub- and supranational regions. As an application, we …

Persistent link: https://www.econbiz.de/10013151806

Measuring Discrimination in Education

Hanna, Rema - 2010

In this paper, we illustrate a methodology to measure discrimination in educational contexts. In India, we ran an exam competition through which children compete for a large financial prize. We recruited teachers to grade the exams. We then randomly assigned child "characteristics" (age, gender,...

Persistent link: https://www.econbiz.de/10013152556

Valuing Public Goods Using Happiness Data : The Case of Air Quality

Levinson, Arik - 2009

This paper describes and implements a method for estimating the average marginal value of a time-varying local public good: air quality. It uses the General Social Survey (GSS), which asks thousands of people in various U.S. locations how happy they are, along with other demographic and attitude...

Persistent link: https://www.econbiz.de/10013158011