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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
This twelth issue of the International Productivity Monitor, published by the Centre for the Study of Living Standards …
Persistent link: https://www.econbiz.de/10005157592
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 … consequent productivity growth. An upward bias in price indexes implies that productivity growth is being underestimated. …
Persistent link: https://www.econbiz.de/10005650258
Innovation is widely recognized as a key ingredient of productivity success. This article by Someshwar Rao, Ashfaq … positive relationship between measures of fundamental innovation, labour productivity and GDP per capita across OECD countries …
Persistent link: https://www.econbiz.de/10005481859
The third issue of the International Productivity Monitor produced by the Centre for the Study of Living Standards … contains six articles that deal with a wide range of issues in the productivity area. Topics covered are the contribution of … the information and communications technology sector to productivity growth in Canada and the United States; the Irish …
Persistent link: https://www.econbiz.de/10005650233
reform both. …
Persistent link: https://www.econbiz.de/10008461111