inflation rates account for a share of the PPP changes, although less so for the 2011 revisions than prior ICP rounds. A marked …

Statistical offices try to match item models when measuring inflation between two periods. However, for product areas … approaches for alternative implementations of an index that uses weighting that is comparable to the weighting used by the … Törnqvist superlative index in standard index number theory. This study shows exactly why the results may differ and discusses …

Backcasting upward bias in price index over long periods of time yields levels of real consumption two or four … centuries ago that are implausibly low, raising the possibility that price index bias for important products may have been zero … either the Sears Matched-model index developed from the same source data or as compared to the CPI. The results provided here …

, principally because OL is neither a perfect index of marginal products nor plant-level productivity. We then turn to micro … recent robust growth in Aggregate Labor Productivity (ALP) across twenty-five countries is due to lower barriers to input … reallocation. They find weak gains from measured reallocation and strong within-plant productivity gains. We show these findings …

In this paper, we propose an extension of the productivity decomposition method developed by Olley & Pakes (1996). This … extension provides an accounting for the contributions of both firm entry and exit to aggregate productivity changes. It breaks … productivity and another accounting for market share reallocations among those firms - following the same methodology as the one …

variables (unemployment, inflation, relative prices and the current account), and seeks to uncover the role played by monetary …

aggregate productivity. TFP gaps are characterized as the integral of a strictly concave function with respect to an employment … productivity is shown to be ambiguous; conditions are given to determine its sign. An empirical lower bound on distortions based on …