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Persistent link: https://www.econbiz.de/10003385425
. We consider why this might be the case and argue that mis-measurement, mis-specification, complexity and non …
Persistent link: https://www.econbiz.de/10013136777
. We consider why this might be the case and argue that mis-measurement, misspecification, complexity and non-linearity are …
Persistent link: https://www.econbiz.de/10009153586
The COVID-19 is having an unprecedented impact in the commercial and trade sphere globally. Businesses of all sizes are finding it difficult to operate efficiently and many struggle to meet contractual obligations. Agency is a ubiquitous concept in trade and commerce. The sudden implosion of...
Persistent link: https://www.econbiz.de/10014101483
This paper proposes a general statistical framework for systemic financial stress indexes. Several existing index designs can be represented as special cases. We introduce a daily variant of the ECB’s CISS for the euro area and the US. The CISS aggregates a representative set of stress...
Persistent link: https://www.econbiz.de/10013250971
This study has adopted the actual household expenditure data from the national accountstoconstruct a true inflation rate (using the Fisher index) and found that the official inflationrateinthe 33 OECD countries was an overestimate of true inflation for 22 and underestimate in11countries in the...
Persistent link: https://www.econbiz.de/10014434661
We assess the role of measurement error in minimum wage evaluations when the treatment variable - the bite - is … measurement error derived from a record linkage of survey wages and administrative data. On the individual-level treatment effects …, measurement error can cause upward biased treatment effects. Besides aggregation, we discuss two possible remedies: the use of a …
Persistent link: https://www.econbiz.de/10012199458
The COVID-19 crisis had a major impact on the measurement of inflation around the world, as price observation in shops …
Persistent link: https://www.econbiz.de/10012429644
Persistent link: https://www.econbiz.de/10012878407
Persistent link: https://www.econbiz.de/10003606429