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The welfare contributions of the digital economy, characterized by the proliferation of new and free goods, are not well-measured in our current national accounts. We derive explicit terms for the welfare contributions of these goods and introduce a new metric, GDP-B which quantifies their...
Persistent link: https://www.econbiz.de/10012479646
The national-income accounts double-count investment, which enters once when it occurs and again in present value as rental income on added capital. The double-counting implies over-statement of levels of GDP and national income. Across countries, those with higher propensities to invest...
Persistent link: https://www.econbiz.de/10012479775
satellite features and software necessary to increase the spatial resolution of any other global-scale administrative data that …
Persistent link: https://www.econbiz.de/10014247965
Measuring average differences in an outcome across racial or ethnic groups is a crucial first step for equity assessments, but researchers often lack access to data on individuals' races and ethnicities to calculate them. A common solution is to impute the missing race or ethnicity labels using...
Persistent link: https://www.econbiz.de/10014528352
We provide a general framework for incorporating many types of micro data from summary statistics to full surveys of selected consumers into Berry, Levinsohn, and Pakes (1995)-style estimates of differentiated products demand systems. We extend best practices for BLP estimation in Conlon and...
Persistent link: https://www.econbiz.de/10014337838
correlation of investments in AI-promoting and RI-promoting software at the firm and worker level, and second from the positive … correlation of workers' expectations regarding telework and software automation. The evidence is far from definitive but suggests …
Persistent link: https://www.econbiz.de/10014337859
Improvements in the software that provides hardware management, user interface and platform functions have played a … components of PC systems so as to keep pace with rapid advances in computer technologies the development of applications software … responsibility for making the interacting components of the PC work together. D. The desire to bundle multiple software features into …
Persistent link: https://www.econbiz.de/10012470307
There has been a recent surge of interest in open source software development, which involves developers at many … exploration of the economics of open source software. We highlight the extent to which labor economics, especially the literature …
Persistent link: https://www.econbiz.de/10012471170
insurance recommendations provided by economic financial planning software and the practical application of traditional … financial planning software. The two software programs are Economic Security Planner (ESPlanner), developed by Economic Security … stylized and 4 of which are actual households. The two software programs recommend dramatically different levels of saving or …
Persistent link: https://www.econbiz.de/10012471463
A significant amount of software development is being outsourced to countries such as India. Many Indian software firms … have applied for and received quality certifications like the ISO9001, and the number of quality certified software firms … has steadily increased. Despite its growing popularity among Indian software developers, there is very little systematic …
Persistent link: https://www.econbiz.de/10012471530