The objective of this paper is to determine the relative importance of aggregate demand and aggregate supply shocks to fluctuations of real growth in CEMAC. The factual analysis of growth in the subregion over the last 20 years shows a dependence on oil prices whose e!ects on growth are...

G3 Recent pronouncements as financial crisis management solution for the activity have put into question the orthodox monetarist in implementing monetary policy. In this sense, the Central Bank could be a victim of its own success by the paradox of credibility. The theory of divine coincidence...

Like the countries of the world hit by the Covid-19 pandemic, Algeria has seen its economic and social situation deteriorate, by being already weakened by the collapse of the oil rent, the engine of internal growth, in particular since 2014. This article wonders about the effects of this...

Like the countries of the world hit by the Covid-19 pandemic, Algeria has seen its economic and social situation deteriorate, by being already weakened by the collapse of the oil rent, the engine of internal growth, in particular since 2014. This article wonders about the effects of this...

Like the countries of the world hit by the Covid-19 pandemic, Algeria has seen its economic and social situation deteriorate, by being already weakened by the collapse of the oil rent, the engine of internal growth, in particular since 2014. This article wonders about the effects of this...

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...

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...

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...

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,”...

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...