I present evidence that higher frequency measures of inflation expectations outperform lower frequency measures of inflation expectations in tests of accuracy, predictive power, and rationality. For decades, the academic literature has focused on three survey measures of expected inflation: the...

House prices have increased significantly in Canada over the past decade, driving household debt and residential construction activity to historical highs. Although macro-prudential tightening has slowed the pace of household borrowing in the last few years, house prices have continued to trend...

Situations of fragility, triggered by gaps and failures in governance, is both, an important obstacle in the way of a country sustainable development and to regional stability and international security, creating, also, security risks worldwide and uncontrolled migration flows. The...

To establish the public sector performance requires a difficult undertaking, related to the definition of performance, practical way to obtain performance and finding the most appropriate indicators true which performance is quantified. Starting from the idea that, in most cases, the production...

Este artículo tiene el propósito de realizar un balance sobre los trabajos que han abordado la temática de indicadores de globalización y formular algunas propuestas para avanzar en este programa de investigación. Si bien los indicadores formulados se han ido ajustando y afinando...

Until the end of 1977, the method used in the U.S. consumer price index (CPI) to measure rent inflation tended to omit rent increases when units had a change of tenants or were vacant. Since such units typically had more rapid increases in rents than average units, this response bias biased...

A true constant quality real estate price index should measure the general change in price level free from any change in quality over time. In recent years, the repeat-sales method has been widely used to construct constant quality property price indices. Since buildings depreciate over time, a...

This paper examines seasonal differences in monthly employment figures gathered from two Bureau of Labor Statistics programs. One is the Quarterly Census of Employment and Wages (QCEW), which is based on mandatory quarterly Unemployment Insurance reports; the other is the Current Employment...

Despite the persistent need to precisely capture and carefully analyze the employment effects associated with the production and deployment of ICT, policy discussion has not been well-supported by good quality statistical information on the ICT employment. In part, this has been due to the...

A real wage rate is a nominal wage rate divided by the price of a good and is a transparent measure of how much of the good an hour of work buys. It provides an important indicator of the living standards of workers, and also of the productivity of workers. In this paper I set out the conceptual...