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The end of civil war, coinciding with the OPEC boom, resulted in extremely rapid emigration from Yemen to Saudi Arabia. The loss of over a quarter of the adult male labour force, and the counterflow of remittance, incomes imposed a sharp shock on a very poor, predominantly subsistence rural...
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Many macroeconometric models depict situations where the shares of the major demand aggregates in output are stable over time. The joint dynamic behavior of the considered demand aggregate and output may thus be approximated by a cointegrated vector autoregression. However, the shares of many...
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The interest for household production has grown since the release of the new System of National Accounts in 2008. In this paper we analyse how accounting for own-use production may affect labour statistics. Traditional headcount ratios may not be very informative when employment rates consider...
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Most macroeconomic data are uncertain - they are estimates rather than perfect measures of underlying economic variables. One symptom of that uncertainty is the propensity of statistical agencies to revise their estimates in the light of new information or methodological advances. This paper...
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