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challenges. A cornerstone of this effort is the more robust framework established by the new Statistics Law of Turkey of November … 2005. This law assigned compilation responsibilities for a broad range of official data, including macroeconomic statistics. …
Persistent link: https://www.econbiz.de/10011244718
statistics against the Special Data Dissemination Standard complemented by an assessment of data quality based on the IMFâ …€™s Data Quality Assessment Framework, July 2003. The report reveals that Finland’s macroeconomic statistics are of generally …
Persistent link: https://www.econbiz.de/10005252868
Current estimates of global poverty vary substantially across studies. In this paper we undertake a novel sensitivity analysis to highlight the importance of methodological choices in estimating global poverty. We measure global poverty using different data sources, parametric and nonparametric...
Persistent link: https://www.econbiz.de/10009369432
The basis for mortality tables that underpin life insurance plans are based on the statistics at each age of mortality … Great Britain (Baca?r: 2011). However, the first mortality statistics to be used by insurance companies did not appear until … the late eighteenth and nineteenth centuries derived from the copious statistics of the East India Company Armies that he …
Persistent link: https://www.econbiz.de/10010838846
In most macroeconomic models, the substitutability between domestic and foreign goods is calibrated using aggregated data. This imposes homogeneous elasticities across goods, and the calibration is only valid under this assumption. If elasticities are heterogeneous, the aggregate...
Persistent link: https://www.econbiz.de/10008561068
We examine the effects of aid on growth-- in cross-sectional and panel data--after correcting for the bias that aid typically goes to poorer countries, or to countries after poor performance. Even after this correction, we find little robust evidence of a positive (or negative) relationship...
Persistent link: https://www.econbiz.de/10005825602
We use daily data on bank reserves and overnight interest rates to document a striking pattern in the high-frequency behavior of the U.S. market for federal funds: depository institutions tend to hold more reserves during the last few days of each “reserve maintenance period,” when the...
Persistent link: https://www.econbiz.de/10005825728
We examine one of the most important and intriguing puzzles in economics: why it is so hard to find a robust effect of aid on the long-term growth of poor countries, even those with good policies. We look for a possible offset to the beneficial effects of aid, using a methodology that exploits...
Persistent link: https://www.econbiz.de/10005825944
This paper aims to promote harmonization between macroeconomic statistics guidelines and accounting standards. It first …
Persistent link: https://www.econbiz.de/10005826385
This paper estimates the output gap in Russia using a utilization-adjusted production function approach, which we argue is preferable to traditional output gap methods. The approach amounts to (1) using available surveys to estimate the "natural rates" of capacity and labor utilization above...
Persistent link: https://www.econbiz.de/10005826561