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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...
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The paper reviews the sources of "Upward bias" and "Downward bias" in the US Consumer Price Index (CPI) and discusses … in terms of differing statistical methods. -- Consumer Price Index ; Economic Growth ; Statistical bias ; Statistical …
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variables such as inflation or employment. A key aspect of this challenge is evaluating the incoming flow of information … contained in economic announcements. In this article, the authors develop a simple-to-read index of these announcements that … they then use to construct nowcasts. The index tracks whether key economic data have come in stronger, weaker, or as …
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Die Wachstumsschwäche in einigen europäischen Ländern wie Portugal und Italien in der ersten Hälfte dieses Jahrzehnts sowie anhaltend hohe Inflationsraten und ein Bauboom in Spanien haben zu einer Debatte darüber geführt, ob sich möglicherweise die einzelnen Länder der Eurozone...
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Veränderung der Standardabweichung bei Inflation und Wirtschaftswachstum um den Euro-Mittelwert zu kurz greift, da diese …
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