This paper presents an econometric mediation analysis. It considers identification of production functions and the sources of output effects (treatment effects) from experimental interventions when some inputs are mismeasured and others are entirely omitted.

Individuals' level of engagement on the labor market is hypothesized to be of critical importance for labor market outcomes. Based on a recent labor market survey in the Kingdom of Saudi Arabia (KSA), this paper develops an innovative index to measure individuals' labor market engagement across...

Gross domestic product (GDP) is shown to possess three new desiderata. First, GDP is almost perfectly correlated over time with the first principal component of its three classical indicators. Second, this principal component is in a class of weighted indexes ancillary to GDP. Each ancillary...

In this paper, we propose a panel approach in the construction of the Asia-Pacific Regional Cooperation and Integration Index (ARCII) to strengthen the index's ability to track the progress of economic integration in the region over time. Panel-based procedures are employed in imputing missing...

In this paper, we analyze the Individuals' level of engagement on the labor market and the engagement heterogeneity across individuals in matters of labor market outcomes and the effectiveness of policy interventions. Emerging economies with highly segmented and distorted labor markets typically...

The economic integration process requires appropriate understanding of the degree of vulnerability of member states to various kinds of shocks as well as identification of appropriate measures to mitigate the impact of these shocks on macroeconomic performance. Consequently, this study seeks to...

Le processus d'intégration économique nécessite une compréhension appropriée du degré de vulnérabilité des États membres aux différents types de chocs ainsi que l'identification de mesures appropriées pour atténuer l'impact de ces chocs sur la performance macroéconomique. Par...

We create a new weekly index of retail trade that accurately predicts the U.S. Census Bureau's Monthly Retail Trade Survey (MRTS). The index's weekly frequency provides an early snapshot of the MRTS and allows for a more granular analysis of the aggregate consumer response to fast-moving events...