Cette étude présente les résultats d’un nouveau modèle de prévision de la croissance économique des pays de l’OCDE et des principaux pays hors OCDE sur un horizon de 50 ans, ainsi que des déséquilibres globaux. Un scénario de référence tablant sur des réformes structurelles...

In this paper, we estimate a SVAR model to analyze the trend of underlying inflation in the Democratic Republic of Congo and follow the identification approach of Blanchard and Quah (1989) to impose long-run restrictions. Thus, we use Congolese data on the growth rate of activity and the...

Alors que des études antérieures ont exploré la relation entre l'inflation et la croissance économique, la littérature existante sur l'effet de seuil de l'inflation sur la croissance économique dans la Zone Monétaire de l'Afrique de l'Ouest (ZMAO) suppose principalement une association...

This paper aims at finding appropriate policies to help maintain long run growth performances in Senegal. Usual shocks faced by the economy include that the economy rain shortfalls, oil and food prices and food, and raw materials prices. The economy is submitted to those adverse conditions using...

This paper aims at finding appropriate policies to help maintain long run growth performances in Senegal. Usual shocks suffered by the economy include rain shortfalls, surges in oil, food and raw materials prices. The economy is submitted to those adverse conditions using a multisector DSGE....

This paper aims at finding appropriate policies to help maintain long run growth performances in Senegal. Usual shocks suffered by the economy include rain shortfalls, surges in oil, food and raw materials prices. The economy is submitted to those adverse conditions using a multisector DSGE....

The author summarizes the report’s methods, findings, and recommendations, and then reviews the comments and criticisms that appeared soon after the report was issued. Changes in CPI methodology are also summarized and assessed, as is recent research on related issues. Based on recent...

The author provides a BLS response to the Boskin Commission from the perspective of ten years following the release of the report. He documents the research on price indexes done at the BLS in the first half of the 1990s that pointed to upward CPI bias, and discusses how these results eventually...

The author highlights the extremely salutatory effect the Boskin Commission has had on international price statistics, promoting open discussion of price measurement issues, engendering dialogue between statistical agencies and users, and encouraging research. Less positive in the author'sview...

The author supports the type of the back-of-the-envelope calculations of CPI bias that the Commission used so effectively to attract public attention to its report. In the area of quality adjustment, however, he criticizes the Boskin Commission for what he calls “premature extrapolation,”...