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We show the importance of a dynamic aggregation bias in accounting for the PPP puzzle. We prove that established time …
Persistent link: https://www.econbiz.de/10005497901
We show the importance of a dynamic aggregation bias in accounting for the PPP puzzle. We prove that established time …
Persistent link: https://www.econbiz.de/10005404537
regarding the adjustment speeds. We examine the effects of different levels of temporal aggregation on\ estimates of ESTAR … models of real exchange rates. Our Monte Carlo results show that temporal aggregation does not imply the disappearance of …
Persistent link: https://www.econbiz.de/10005731439
regarding the adjustment speeds. We examine the effects of different levels of temporal aggregation on estimates of ESTAR models …
Persistent link: https://www.econbiz.de/10011195993
Es wird eine Methode zur Messung des Produktionsfaktors Kapital vorgeschlagen, in der Vermögensarten nach ihrem Nutzungswert im Produktionsprozess gewichtet werden. Dazu werden Nutzungskosten für die einzelnen Anlageklassen mit Hilfe von Daten der Volkswirtschaftlichen Gesamtrechnungen sowie...
Persistent link: https://www.econbiz.de/10010535437
A method is proposed to measure capital services in production. This means that productive assets are weighted according to their user costs. The user costs of the individual asset classes are estimated based on data from the national accounts and other sources. The results show that, in the...
Persistent link: https://www.econbiz.de/10010535442
der vorliegenden Arbeit wird eine Methode entwickelt, die eine konsistente Aggregation unterschiedlicher …
Persistent link: https://www.econbiz.de/10009019650
A method is proposed to measure capital services in production. This means that productive assets are weighted according to their user costs. The user costs of the individual asset classes are estimated based on data from the national accounts and other sources. The results show that, in the...
Persistent link: https://www.econbiz.de/10010984707
Es wird eine Methode zur Messung des Produktionsfaktors Kapital vorgeschlagen, in der Vermögensarten nach ihrem Nutzungswert im Produktionsprozess gewichtet werden. Dazu werden Nutzungskosten für die einzelnen Anlageklassen mit Hilfe von Daten der Volkswirtschaftlichen Gesamtrechnungen sowie...
Persistent link: https://www.econbiz.de/10010984711
This paper explains in detail the construction of series for productivity in the traded and nontraded sectors for a panel of 56 countries spanning 1989–2012. The level of productivity in each sector is defined as real value added per worker in constant 2005 Purchasing Power Parity (PPP)...
Persistent link: https://www.econbiz.de/10011242200