Dynan, Karen E.; Elmendorf, Douglas W.; Sichel, Daniel E. - Federal Reserve Board (Board of Governors of the … - 2007
, and has been flat
since the early 1990s. Because we re-code $0 to $1 in our percent change calculations,
consecutive … that seemed
‘out of line.’” Moreover, for self-employment earnings, where tax evasion may be
substantial, it is not at … permanent and
transitory components, the additive nature of variances (var[x+y] = var[x] + var[y]
+ 2cov[x,y]) was crucial …