Showing 1 - 10 of 927
In this paper, we illustrate a methodology to measure discrimination in educational contexts. In India, we ran an exam …
Persistent link: https://www.econbiz.de/10013152556
alone. Finally, using calculations from J-PAL fieldwork, we show that in rural India, for example, ARD surveys are 80 …
Persistent link: https://www.econbiz.de/10012954457
for distortions to explain large TFP gaps. The effect of curvature on the impact and measurement of distortions is also …
Persistent link: https://www.econbiz.de/10013048598
The ratio of revenue to inputs differs greatly across plants within countries such as the U.S. and India. Such gaps may … measurement error. Our method exploits how revenue growth is less sensitive to input growth when a plant’s average products are … overstated by measurement error. For Indian manufacturing from 1985-2013, our correction lowers potential gains from reallocation …
Persistent link: https://www.econbiz.de/10013314323
of magnitude more markets, capture more of India's urban population, are more realistically jagged in shape, and reveal …
Persistent link: https://www.econbiz.de/10012914732
Official price indexes, such as the CPI, are imperfect indicators of inflation calculated using ad hoc price formulae … different from the theoretically well-founded inflation indexes favored by economists. This paper provides the first estimate of … how accurately the CPI informs us about "true" inflation. We use the largest price and quantity dataset ever employed in …
Persistent link: https://www.econbiz.de/10013074909
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 paper is to document that the two inflation gauges did co …
Persistent link: https://www.econbiz.de/10012927035
Are structural models getting closer to being able to forecast exchange rates at short horizons? Here we argue that misinterpretation of some new out-of-sample tests for nested models, over-reliance on asymptotic test statistics, and failure to sufficiently check robustness to alternative time...
Persistent link: https://www.econbiz.de/10012771554
China has experienced remarkably stable growth and inflation in recent years according to official statistics. We … alternative estimates of Chinese growth and inflation. Our estimates suggest that official statistics present a smoothed version … of reality. Official inflation rose in the 2000's, but our estimates indicate that true inflation was still higher and …
Persistent link: https://www.econbiz.de/10013059084
2017 to shed light on how online inflation compares to overall inflation, and to gauge the magnitude of new product bias … online. The Adobe data contain transaction prices and quantities purchased. We estimate that online inflation was about 1 … online, implies roughly 2 percentage points lower inflation than in a matched model/CPI-style index …
Persistent link: https://www.econbiz.de/10012918079