Showing 1 - 10 of 24,740
The inflation rate is normally computed as a weighted average of individual price changes. Alternatively, this rate could be evaluated by comparing average price levels. Unfortunately, this methodology has received limited attention in past research. This study attempts to remedy this situation...
Persistent link: https://www.econbiz.de/10010356068
This paper describes the primary framework associating the four principal price indices in the system of economic statistics-the Producer Price Index (PPI), the Consumer Price Index (CPI), and the Export and Import Price Indices (XPI and MPI)-with the macroeconomic value aggregates they...
Persistent link: https://www.econbiz.de/10013317951
Price indices for heterogenous goods such as real estate or fine art constitute crucial information for institutional or private investors considering alternative investments in times of financial markets turmoil. Classical mean-variance analysis of alternative investments has been hampered by...
Persistent link: https://www.econbiz.de/10009540165
This chapter explains how the generation of renewable energy and the creation of sustainable communities can guide capitalism to survive climate change on a self-reinforcing basis. The process depends upon introducing an ecological “use it or lose it” rule for owning money, land, buildings...
Persistent link: https://www.econbiz.de/10012945816
Persistent link: https://www.econbiz.de/10003421306
Persistent link: https://www.econbiz.de/10010499558
Using a large, new dataset of agricultural prices and quantities for many countries and regions, we create five new international Geary-Khamis pounds – for 1870, 1845, 1775, 1705, and a superior chained series. We show that estimated levels and changes in output per worker look very different...
Persistent link: https://www.econbiz.de/10012907305
This note provides quality-adjusted price indexes and nominal shipments data for highly disaggregate classes of semiconductor devices. These data may be used to construct indexes under different assumptions from those used in indexes that are currently available
Persistent link: https://www.econbiz.de/10014119328
Purchasing power adjusted incomes applied in cross-country comparisons are measured with bias. In this paper, we … estimate the purchasing power parity (PPP) bias in Penn World Table incomes and provide corrected incomes. The bias is … bias and the bias in consumer price index (CPI) numbers. The PPP bias and subsequent corrected incomes are measured by …
Persistent link: https://www.econbiz.de/10008732283
Purchasing power adjusted incomes applied in cross-country comparisons are measured with bias. In this paper, we … estimate the purchasing power parity (PPP) bias in Penn World Table incomes and provide corrected incomes. The bias is … bias and the bias in consumer price index (CPI) numbers. The PPP bias and subsequent corrected incomes are measured by …
Persistent link: https://www.econbiz.de/10013135914