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GDP is a closely watched indicator of the current health of the economy and an important tool of economic policy. It has been called one of the great inventions of the 20th Century. It is not, however, a persuasive indicator of individual wellbeing or economic progress. There have been calls to...
Persistent link: https://www.econbiz.de/10013334414
The empirical measurement of productivity change (or difference) by means of indices and indicators starts with the ex … to indices. The main task for the productivity analyst is to decompose profit or profitability change into price and … quantity components, leading to measures of total factor productivity change and total price recovery. The survey discusses …
Persistent link: https://www.econbiz.de/10012936176
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The Bank of Canada should track inflation using a measure that better accounts for changes in resale housing prices …, according to a new C.D. Howe Institute report. In “Improving on the CPI: A Proposal for a Better Inflation Indicator,” authors …
Persistent link: https://www.econbiz.de/10013017196
We investigate convergence in European price level, unit labor cost, income, and productivity data over the period of … of those clubs. Total factor productivity data indicate the existence of a small club including fast-growing countries …
Persistent link: https://www.econbiz.de/10010426359
and inflation in the member countries. Stress in a country is defined as the difference between the country's actual short …
Persistent link: https://www.econbiz.de/10013317182
, imports, inflation, and unemployment) on CO2 emissions in the EU region. Systematization, empirical comparative analysis, and … dependence of carbon dioxide emissions on macroeconomic indicators such as gross domestic product, exports, imports, inflation …
Persistent link: https://www.econbiz.de/10013407143
three inflation will increase (decrease) in the next quarter and three times out of five it will increase (decrease) the …
Persistent link: https://www.econbiz.de/10014112841
Critics of the consumer price index - the most widely watched inflation measure - contend that it overstates inflation … offer a more accurate reading of inflation levels. A closer look at these alternatives, however, reveals that they have … inflation …
Persistent link: https://www.econbiz.de/10012729726