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Is GDP Becoming Obsolete? The "Beyond GDP" Debate
Hulten, Charles R.; Nakamura, Leonard Isamu - National Bureau of Economic Research - 2022
GDP is a closely watched indicator of the current health of the economy and an important tool of economic policy. It has been called one of the great inventions of the 20th Century. It is not, however, a persuasive indicator of individual wellbeing or economic progress. There have been calls to...
Persistent link: https://www.econbiz.de/10013334414
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Empirical Productivity Indices and Indicators
Balk, Bert M. - 2018
The empirical measurement of productivity change (or difference) by means of indices and indicators starts with the ex … to indices. The main task for the productivity analyst is to decompose profit or profitability change into price and … quantity components, leading to measures of total factor productivity change and total price recovery. The survey discusses …
Persistent link: https://www.econbiz.de/10012936176
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The impact of reduced inflation estimates on real output and productivity growth
Steindel, Charles - In: Current issues in economics and finance 5 (1999) 9, pp. 1-6
Persistent link: https://www.econbiz.de/10001425282
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Northern Ireland Composite Economic Index : development of a quarterly output measure for NI
Gillan, James; Johnston, Owen; Ganley, Chris - In: Journal of the Statistical and Social Inquiry Society … 42 (2012/2013), pp. 130-151
Persistent link: https://www.econbiz.de/10010463093
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Improving on the CPI : A Proposal for a Better Inflation Indicator
Poschmann, Finn - 2015
The Bank of Canada should track inflation using a measure that better accounts for changes in resale housing prices …, according to a new C.D. Howe Institute report. In “Improving on the CPI: A Proposal for a Better Inflation Indicator,” authors …
Persistent link: https://www.econbiz.de/10013017196
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Are There Good Alternatives to the CPI?
Steindel, Charles - 2007
Critics of the consumer price index - the most widely watched inflation measure - contend that it overstates inflation … offer a more accurate reading of inflation levels. A closer look at these alternatives, however, reveals that they have … inflation …
Persistent link: https://www.econbiz.de/10012729726
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Missing growth measurement in Germany
Schreiber, Sven; Loreto, Vanessa - 2021 - This version: March 2021
systematically understated. The effect rests on overstated inflation estimates due to imputed prices for disappearing goods and …
Persistent link: https://www.econbiz.de/10012440399
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Inflation Bias and Productivity Shocks in Transition Economies : The Case of the Czech Republic
Brada, Josef C.; King, Art; Kutan, Ali M. - 2001
transition economy, specify and estimate a model of price formation and identify systematic and random productivity shocks to … price index biases have been modest. Therefore, we conclude that Czech macroeconomic policy was not, in general, led astray …
Persistent link: https://www.econbiz.de/10014164038
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Inflation Bias and Productivity Shocks in Transition Economies : The Case of the Czech Republic
Brada, Josef C.; King, Art; Kutan, Ali M. - 2000
transition economy, specify and estimate a model of price formation and identify systematic and random productivity shocks to … price index biases have been modest. Therefore, we conclude that Czech macroeconomic policy was not, in general, led astray …
Persistent link: https://www.econbiz.de/10014164481
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LPPLS bubble indicators over two centuries of the S&P 500 index
Zhang, Qunzhi; Sornette, Didier; Balcilar, Mehmet; … - 2016
S&P 500 index and the detection of End-of-Bubble signals with their corresponding confidence levels. We use monthly S …
Persistent link: https://www.econbiz.de/10011514490