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Rents Have Been Rising, Not Falling, in the Postwar Period

Crone, Theodore M.; Nakamura, Leonard I.; Voith, Richard - 2009

Until the end of 1977, the U.S. consumer price index for rents tended to omit rent increases when units had a change of tenants or were vacant, biasing inflation estimates downward. Beginning in 1978, the Bureau of Labor Statistics (BLS) implemented a series of methodological changes that...

Persistent link: https://www.econbiz.de/10014211838

The CPI for Rents : A Case of Understated Inflation

Crone, Theodore M. - 2019

Until the end of 1977, the method used in the U.S. consumer price index (CPI) to measure rent inflation tended to omit rent increases when units had a change of tenants or were vacant. Since such units typically had more rapid increases in rents than average units, this response bias biased...

Persistent link: https://www.econbiz.de/10012706281

The ICOP Manufacturing Database: International Comparisons of Productivity Levels

Ark, Bart van; Timmer, Marcel - In: International Productivity Monitor 3 (2001) Fall, pp. 44-51

International productivity comparisons have traditionally focused on productivity growth rates. International … detailed industry level. The International Comparisons of Output and Productivity (ICOP) project established at the University … of Groningen in the Netherlands in 1983 has pioneered the development of international estimates of productivity levels …

Persistent link: https://www.econbiz.de/10005481863

The new economy and the measurement of GDP growth

LEQUILLER, F. - Département des Études Économiques d'Ensemble (D3E), … - 2001

In connection with a surge in the "new economy" that is statistically difficult to measure, doubts have been cast both on European growth and its comparability with that of the United States. This article explores measurement problems in the French case. The data at current prices seem to be...

Persistent link: https://www.econbiz.de/10009001109

Editor’s Overview

Sharpe, Andrew - In: International Productivity Monitor 15 (2007) Fall, pp. 1-2

THIS FIFTEENTH ISSUE OF THE International Productivity Monitor published by the Centre for the Study of Living Standard …

Persistent link: https://www.econbiz.de/10005481858

Data revisions to German national accounts : are initial releases good nowcasts?

Strohsal, Till; Wolf, Elias - 2019

Data revisions to national accounts pose a serious challenge to policy decision making. Well-behaved revisions should be unbiased, small and unpredictable. This paper shows that revisions to German national accounts are biased, large and predictable. Moreover, using filtering techniques designed...

Persistent link: https://www.econbiz.de/10012034636

Are German national accounts informational efficient?

Döhrn, Roland - 2020

National accounts are subject to major revisions. To improve the reliability of the first release data, it is important to know whether these revisions show systematic patterns, or in other words, whether national accounts are informational efficient in the sense that they incorporate all...

Persistent link: https://www.econbiz.de/10012320608

Integrating Expenditure and Income Data : What to Do with the Statistical Discrepancy?

Beaulieu, Joe; Bartelsman, Eric J. - 2008

The purpose of this paper is to build consistent, integrated datasets to investigate whether various disaggregated data can shed light on the possible sources of the statistical discrepancy. Our strategy is first to use disaggregated data to estimate consistent sets of input-output models that...

Persistent link: https://www.econbiz.de/10014028649

Italian National Accounts, 1861-2011

Baffigi, Alberto - 2013

A great deal of new quantitative research has been produced over the last three decades which has radically changed the received interpretation of Italian economic development. Against this backdrop, the Bank of Italy, Istat and the University of Rome "Tor Vergata", together with academics from...

Persistent link: https://www.econbiz.de/10013084569

The Quality of China's GDP Statistics

Holz, Carsten A. - 2013

Since the 1998 "wind of falsification and embellishment," Chinese official GDP statistics have repeatedly come under scrutiny. This paper evaluates the quality of China's GDP statistics in four stages. First, it reviews past and ongoing suspicions of the quality of GDP data and examines the...

Persistent link: https://www.econbiz.de/10013072212