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Comprehensive Measures of GDP and the Unrecorded Economy

Bloem, Adriaan M. - 2006

Comprehensive coverage of national accounts estimates is important; however, it is often thwarted by gaps in the recording of economic activity - the so-called unrecorded economy. This paper sets out pragmatic statistical approaches for incorporating the unrecorded economy in the national...

Persistent link: https://www.econbiz.de/10012782513

A Framework for Price Statistics

Zieschang, Kimberly D. - 2021

This paper describes the primary framework associating the four principal price indices in the system of economic statistics-the Producer Price Index (PPI), the Consumer Price Index (CPI), and the Export and Import Price Indices (XPI and MPI)-with the macroeconomic value aggregates they...

Persistent link: https://www.econbiz.de/10013317951

Why 1990 International Geary-Khamis Dollars Cannot Be a Foundation for Reliable Long Run Comparisons of GDP

Brunt, Liam - 2018

international Geary-Khamis pounds – for 1870, 1845, 1775, 1705, and a superior chained series. We show that estimated levels and … changes in output per worker look very different – more extreme – using 1705 international pounds and 1990 international … dollars, compared to all other series; growth rates appear substantially higher using 1990 international dollars. In short …

Persistent link: https://www.econbiz.de/10012907305

Assessing Countries’ Financial Inclusion Standing : A New Composite Index

Amidžic, Goran - 2014

attracted increasing interest from the international community with the G-20, IMF, and World Bank Group assuming an active role …

Persistent link: https://www.econbiz.de/10013057310

Comparing Real Wage Rates

Ashenfelter, Orley - 2012

A real wage rate is a nominal wage rate divided by the price of a good and is a transparent measure of how much of the good an hour of work buys. It provides an important indicator of the living standards of workers, and also of the productivity of workers. In this paper I set out the conceptual...

Persistent link: https://www.econbiz.de/10013107200

Comparing real wage rates

Ashenfelter, Orley - 2012

-2007, but with much less progress since the Great Recession. -- real wage rates ; international comparisons ; productivity …

Persistent link: https://www.econbiz.de/10009536456

Determinants of Long-Term Economic Growth Redux : A Measurement Error Model Averaging (MEMA) Approach

Doppelhofer, Gernot - 2017

propose a novel Measurement Error Model Averaging (MEMA) approach that accounts for measurement error in international income …

Persistent link: https://www.econbiz.de/10012965252

A Rise By Any Other Name? Sensitivity of Growth Regressions to Data Source

Hanousek, Jan - 2008

Measured rates of growth in real per capita income differ drastically depending on the data source. This phenomenon occurs largely because data sets differ in whether and how they adjust for changes in relative prices across countries. Replication of several recent studies of growth determinants...

Persistent link: https://www.econbiz.de/10012773476

Early-Stage Entrepreneurial Activity : An Explanatory Model for Cross-Country Comparisons

Chepurenko, Alexander Yulievich - 2012

The paper argues that when developing an explanatory model of the early-stage entrepreneurial activity level (measured by total index of early entrepreneurial activity - TEA) one should consider the ‘path dependency' of the ‘institutional matrix' of different societies. Otherwise one could...

Persistent link: https://www.econbiz.de/10013111035

Early-stage entrepreneurial activity : an explanatory model for cross-country comparisons

Chepurenko, A.; Gabelko, M.; Obraztsova, O. - 2011

The paper argues that when developing an explanatory model of the early-stage entrepreneurial activity level (measured by total index of early entrepreneurial activity - TEA) one should consider the "path dependency" of the "institutional matrix" of different societies. Otherwise one could...

Persistent link: https://www.econbiz.de/10009419667