Exogene Geldmenge, monetäres (Un-)Gleichgewicht und Erwartungslags Dieser Aufsatz befaßt sich mit dem Problem der Schätzung von Geldnachfragefunktionen während Perioden monetärer Kontrolle. Wie David Laidler kürzlich ausgeführt hat, ist der übliche Ansatz, der einen partiellen...

The consumer price index (CPI) is usually computed as a fixed-weighted Laspeyres price index, with the weights updated at discrete intervals only. It is well known that the Laspeyres functional form entails a substitution bias. One way to reduce it would be to use chained indices, and...

The availability of large transaction level datasets, such as retail scanner data, provides a wealth of information on prices and quantities that national statistical institutes can use to produce more accurate, timely, measures of inflation. However, there is no universally agreed upon method...

Research and innovation are widely agreed to be major driving forces behind long-term productivity and economic growth. However, the relationships have proven to be difficult to quantify. We make reference to the international literature and draw on recent research for Australia to advance our...