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From a conceptual point of view, for most purposes net figures on Domestic Product and National Income are to be …
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We introduce a high-dimensional structural time series model, where co-movement between the components is due to common factors. A two-step estimation strategy is presented, which is based on principal components in differences in a first step and state space methods in a second step. The...
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illustrate that capital income (CI = return on financial investments) and imputed rent (IR = return on investments in owner … regulation by the European Commission, (EC) which is currently being used to harmonize income measurement for the European … Statistics on Income and Living Conditions (EU-SILC) in Europe. While both of these components represent some kind of return on …
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