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This twelth issue of the International Productivity Monitor, published by the Centre for the Study of Living Standards, differs from past issues. Five of the six articles address one topic, namely the impact of the Boskin Commission after one decade on price measurement. A final article...
Persistent link: https://www.econbiz.de/10005157592
The author summarizes the report’s methods, findings, and recommendations, and then reviews the comments and criticisms that appeared soon after the report was issued. Changes in CPI methodology are also summarized and assessed, as is recent research on related issues. Based on recent...
Persistent link: https://www.econbiz.de/10005481845
The author provides a BLS response to the Boskin Commission from the perspective of ten years following the release of the report. He documents the research on price indexes done at the BLS in the first half of the 1990s that pointed to upward CPI bias, and discusses how these results eventually...
Persistent link: https://www.econbiz.de/10005481864
The author highlights the extremely salutatory effect the Boskin Commission has had on international price statistics, promoting open discussion of price measurement issues, engendering dialogue between statistical agencies and users, and encouraging research. Less positive in the author'sview...
Persistent link: https://www.econbiz.de/10005481866
The author supports the type of the back-of-the-envelope calculations of CPI bias that the Commission used so effectively to attract public attention to its report. In the area of quality adjustment, however, he criticizes the Boskin Commission for what he calls “premature extrapolation,”...
Persistent link: https://www.econbiz.de/10005481867
The author provides a political economy interpretation of the rise and fall of public interest in price measurement, placing these developments in the context of the attempt by Congress and the White House to deal with growing deficits in the early to mid-1990s. He provides a detailed discussion...
Persistent link: https://www.econbiz.de/10005481869
Brief introduction to the symposium highlighting the importance of price measurement for reliable productivity estimates. Accurate price indexes are essential for reliable productivity measurement. the author points out that a one percentage point upward bias in price changes results in a one...
Persistent link: https://www.econbiz.de/10005650258
Alors que des études antérieures ont exploré la relation entre l'inflation et la croissance économique, la littérature … existante sur l'effet de seuil de l'inflation sur la croissance économique dans la Zone Monétaire de l'Afrique de l'Ouest (ZMAO … vide dans la littérature empirique en exploitant la variation des taux d'inflation entre les pays et au fil du temps pour …
Persistent link: https://www.econbiz.de/10014560200
rates and an increase of the general level of good prices. This negative correlation expected between these two variables …
Persistent link: https://www.econbiz.de/10005078953
La mesure de l’inflation a fait l’objet de nombreux débats récents mais les biais susceptibles d’affecter l’indice des …
Persistent link: https://www.econbiz.de/10009220170