This paper develops a method for interpreting growth accounting studies in terms of the neoclassical growth model. In particular it shows that the growth accounting contribution of capital reflects the distance of the economy form its steady state income level. The method is applied to studies...

In this brief paper, we review the recent literature on sources of bias in consumer price indexes.

When comparing poverty across distributions, an analyst must select a poverty line to identify the poor, an equivalence scale to compare individuals from households of different compositions and sizes, and a poverty index to aggregate individual deprivation into an index of total poverty. A...

This paper has suggested a number of reasons why Keynes would have been critical of the way ISLM developed in the hlaf century after his death.