A measure of underlying inflation that uses all relevant information, is available in real time, and forecasts inflation better than traditional underlying inflation measures—such as core inflation measures—would greatly benefit monetary policymakers, market participants, and the public....

Composite indices are widely used in Development Economics and can often be highly influential. Yet most remain controversial owing to inter alia the arbitrary selection of component weights. Several studies have proposed testing the robustness of rankings generated by composite indices with...

The empirical measurement of productivity change (or difference) by means of indices and indicators starts with the ex post profit/loss accounts of a production unit. Key concepts are profit, leading to indicators, and profitability, leading to indices. The main task for the productivity analyst...

This paper reviews and assesses issues involved in the measurement of multidimensional poverty, in particular the soundness of the various “axioms” and properties often imposed on poverty indices. It argues that some of these properties (such as those relating poverty and inequality) may be...

The European Commission highlights the role of regulation in creating obstacles to the functioning of the single market and holding back the potential for growth and job creation in the EU economies. Removing such barriers opens up opportunities and has a positive impact on the productivity and...

This paper uses a popular web mapping and transportation service to generate information for more than 22 million counterfactual trip instances in 154 large Indian cities. It then develops a methodology to estimate robust indices of mobility for these cities. The estimation allows for an exact...

This paper shows that the decomposition of log-change in aggregate labor productivity (ALP) devised by Balk (2013) based on Sato-Vartia indexes is inexact when applied to gross domestic product (GDP) in chained or in constant prices so that sectoral contributions do not necessarily add up to...