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Monetary Expansionism, Global Commodity Prices, and Global Inequality

Kim, Jongchul - In: Monetary Expansionism, Global Commodity Prices, and … 16 (2025) 1, Spring, pp. 105-136

An early analysis of the imperialist implications of the surge of global commodity prices was conducted in 2014 by … policies have contributed to the rise of global commodity prices. This article fills this gap. Arguably, under the current … and that the free transfer of wealth is a cause of the surge in global commodity prices. …

Persistent link: https://www.econbiz.de/10015339069

The Boskin Commission Report: A Retrospective One Decade Later

Gordon, Robert J. - In: International Productivity Monitor 12 (2006) Spring, pp. 7-22

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...

Persistent link: https://www.econbiz.de/10005481845

The BLS Response to the Boskin Commission Report

Greenlees, John S. - In: International Productivity Monitor 12 (2006) Spring, pp. 23-41

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...

Persistent link: https://www.econbiz.de/10005481864

The Boskin Commission Report After a Decade

Triplett, Jack E. - In: International Productivity Monitor 12 (2006) Spring, pp. 24-60

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...

Persistent link: https://www.econbiz.de/10005481866

Policy Implications of the Boskin Commission Report

Baily, Martin Neil - In: International Productivity Monitor 12 (2006) Spring, pp. 74-83

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,”...

Persistent link: https://www.econbiz.de/10005481867

The Boskin Commission Report After a Decade: After-life or Requiem?

Berndt, Ernst R. - In: International Productivity Monitor 12 (2006) Spring, pp. 61-73

The author provides a political economy interpretation of the rise and fall of public interest in price measurement, placing these developments in the context of the attempt by Congress and the White House to deal with growing deficits in the early to mid-1990s. He provides a detailed discussion...

Persistent link: https://www.econbiz.de/10005481869

The Boskin Commission Report: Introduction to the Symposium and Implications for Productivity

Triplett, Jack E. - In: International Productivity Monitor 12 (2006) Spring, pp. 5-6

Brief introduction to the symposium highlighting the importance of price measurement for reliable productivity estimates. Accurate price indexes are essential for reliable productivity measurement. the author points out that a one percentage point upward bias in price changes results in a one...

Persistent link: https://www.econbiz.de/10005650258

Editor’s Overview

Sharpe, Andrew - In: International Productivity Monitor 12 (2006) Spring, pp. 1-4

This twelth issue of the International Productivity Monitor, published by the Centre for the Study of Living Standards, differs from past issues. Five of the six articles address one topic, namely the impact of the Boskin Commission after one decade on price measurement. A final article...

Persistent link: https://www.econbiz.de/10005157592

The local aggregate effects of minimum wage increases

Cooper, Daniel; Luengo-Prado, Maria José; Parker, … - 2017 - This version: August, 2017

This paper examines the effect of minimum wage changes on local aggregate inflation and consumption growth. The paper … effect on both city-level inflation and spending growth over the years following the change. The most noticeable effects are …

Persistent link: https://www.econbiz.de/10011738664

Quantifying the inflationary impact of fiscal stimulus under supply constraints

Di Giovanni, Julian; Kalemli-Ozcan, Sebnem; Silva, Álvaro - 2023

policy to U.S. inflation over the December 2019-June 2022 period. Model calibrations show that aggregate demand shocks … explain roughly two-thirds of total model-based inflation, and that the fiscal stimulus contributed half or more of the total …

Persistent link: https://www.econbiz.de/10013548957