We study the differences of currency misalignment estimates obtained from alternative datasets derived from two International Comparison Program (ICP) surveys. A decomposition exercise reveals that the year 2005 misalignment estimates are substantially affected by the ICP price revision....

Much analysis in macroeconomics empirically addresses economy-wide incentives behind consumer/investment choices by using insights from the way a single representative household would behave. Heterogeneity at the micro level can jeopardize attempts to back up the representative consumer...

This study provides a comparison of the size and value of unpaid family care work in two European member States, Italy and Poland. Using the Italian and Polish time use surveys, both the opportunity cost and the market replacement approaches are employed to separately estimate the value of...

Nowcasting has been a challenge in the recent economic crisis. We introduce the Toll Index, a new monthly indicator for business cycle forecasting and demonstrate its relevance using German data. The index measures the monthly transportation activity performed by heavy transport vehicles across...

The main objective of this Working Paper is to present long-term series (1950-2020) for the functional distribution of income at subsector level for argentine industry (International Standard Industrial Classification of All Economic Activities -ISIC- rev. 3). For this purpose, we recovered...

The main objective of this Working Paper is to present a long-term series (1950-2019) for the functional distribution of income in the Argentinean manufacturing sector. For this purpose, the work is divided according to the methodologies used: linear interpolation for the base years 1986, 1993...

Lockdowns zum Schutz gegen die Corona-Pandemie, Lieferkettenprobleme und massive Preiserhöhungen besonders von Energie haben zu multiplen Belastungen geführt. Dies ist verbunden mit einem zunehmenden Fachkräfteengpass, hohen Lohnforderungen und ebensolchen Lohnabschlüssen. Damit gibt es...

We use a gravity model of migration and alternative estimation strategies to analyse how income differentials affect the flow of immigrants into U.S. states using annual data from the American Community Survey. We add to existing literature by decomposing income differentials into short- and...

This paper constructs annual GDP estimates for Ireland (1924-47) to join the first complete official aggregates. The new series is deployed to revisit Ireland's economic performance in the post-independence decades. Ireland's economy grew at 1.5 per cent per annum and average living standards...

From 2010 to 2019, personal earnings inequality declined in the United States (U.S.) for the first time in decades, yet household income inequality continued to increase. Discordance between trends in personal earnings inequality and household income inequality was greater than in any other...