Technical Appendix 1 to accompany Working
... Third, the rapid rate of fall of US price indices for ICT products is not due entirely to the use of hedonic techniques. Indices based purely on the matched models approach can also show rapid rates of decline. For example, a price index for semiconductors constructed at the US Federal Reserve and u ...
... Third, the rapid rate of fall of US price indices for ICT products is not due entirely to the use of hedonic techniques. Indices based purely on the matched models approach can also show rapid rates of decline. For example, a price index for semiconductors constructed at the US Federal Reserve and u ...
The Urban-Rural Differences of Inflation in China
... transforming from a planned economy to a market economy, at the core of which is pricing mechanism reform. Specifically, China has reformed the planned pricing mechanisms, and established a market-oriented pricing mechanism. Prior to 1978, the prices of 97% commodities and services were determined b ...
... transforming from a planned economy to a market economy, at the core of which is pricing mechanism reform. Specifically, China has reformed the planned pricing mechanisms, and established a market-oriented pricing mechanism. Prior to 1978, the prices of 97% commodities and services were determined b ...
THE AUSTRALIAN BUSINESS CYCLE: A COINCIDENT INDICATOR APPROACH
... Some coincident indices place greater weights on series that are considered to be more reliable indicators of the business cycle, while others take a simple average of all of the series. Finally, not all economic series are going to be perfectly aligned; some, such as finance approvals, may be leadi ...
... Some coincident indices place greater weights on series that are considered to be more reliable indicators of the business cycle, while others take a simple average of all of the series. Finally, not all economic series are going to be perfectly aligned; some, such as finance approvals, may be leadi ...
I N T R O D U C T I O N
... persons serving in the defence establishment and the change in number of days of reserve service. Expenditure at constant prices for purchases of goods and services was obtained by deflating the expenditure at current prices by the weighted price index, using the appropriate price indices selected f ...
... persons serving in the defence establishment and the change in number of days of reserve service. Expenditure at constant prices for purchases of goods and services was obtained by deflating the expenditure at current prices by the weighted price index, using the appropriate price indices selected f ...
1 - Index Measures
... peripheral equipment; circuit boards and other passive/active components; semiconductors and their manufacturing equipment; software products and media; and telecommunications equipment. The original Ministerial Declaration on Trade in Information Technology Products was concluded in December 1996 a ...
... peripheral equipment; circuit boards and other passive/active components; semiconductors and their manufacturing equipment; software products and media; and telecommunications equipment. The original Ministerial Declaration on Trade in Information Technology Products was concluded in December 1996 a ...
I N T R O D U C T I O N
... cost of defence excluding defence imports was about 10% of GDP in each of these years. The estimate of total defence costs includes, in addition to direct expenditure of the defence establishment for wages and purchases of goods and services, additional components of expenditure that are partly incl ...
... cost of defence excluding defence imports was about 10% of GDP in each of these years. The estimate of total defence costs includes, in addition to direct expenditure of the defence establishment for wages and purchases of goods and services, additional components of expenditure that are partly incl ...
I N T R O D U C T I O N
... The total cost of defence to the economy is 21%–25% higher than general government defence consumption expenditure. This cost reached 6.9% of the GDP in 2014, similar to the previous two years. In comparison to 2000 there was a decrease – at that time the cost was 9% of GDP. The estimate of total de ...
... The total cost of defence to the economy is 21%–25% higher than general government defence consumption expenditure. This cost reached 6.9% of the GDP in 2014, similar to the previous two years. In comparison to 2000 there was a decrease – at that time the cost was 9% of GDP. The estimate of total de ...
2004] legal measures of inflation 1 The Price of Macroeconomic
... whether the United States can remain “at the world productivity frontier in many industries.”1 As the prospect of “a new era of greater economic prosperity and possibility” fades with each dot-com mirage and each shocking corporate scandal, cautious Americans must question how quickly their country ...
... whether the United States can remain “at the world productivity frontier in many industries.”1 As the prospect of “a new era of greater economic prosperity and possibility” fades with each dot-com mirage and each shocking corporate scandal, cautious Americans must question how quickly their country ...
A New Stock Index to Better Predict the United States` Real GDP
... calculated by the market capitalization of the stocks (defined as number of shares outstanding multiplied by the share price) based on the number of shares available for public trading, called “float”. Stocks with a higher float market capitalization have a greater impact on the index as a whole tha ...
... calculated by the market capitalization of the stocks (defined as number of shares outstanding multiplied by the share price) based on the number of shares available for public trading, called “float”. Stocks with a higher float market capitalization have a greater impact on the index as a whole tha ...
Has Policy Uncertainty Slowed the Recovery?
... Note: Plots the frequency of the word “uncertain” in each quarter of the Federal Open Market Committees’ (FOMC) Beige Book. Data from 1983Q4 (when the Beige book started) to 2013Q1. The Beige Book is an overview of economic conditions of about 15,000 words in length prepared two weeks before each FO ...
... Note: Plots the frequency of the word “uncertain” in each quarter of the Federal Open Market Committees’ (FOMC) Beige Book. Data from 1983Q4 (when the Beige book started) to 2013Q1. The Beige Book is an overview of economic conditions of about 15,000 words in length prepared two weeks before each FO ...
The Journal of Economic Education Consensus Among Economists
... all three measures indicate consensus, substantial consensus if two measures indicate consensus, moderate consensus if one measure indicates consensus, and no consensus if no measure indicates consensus. All propositions from the current survey are listed in table 1. An asterisk (∗ ) indicates that ...
... all three measures indicate consensus, substantial consensus if two measures indicate consensus, moderate consensus if one measure indicates consensus, and no consensus if no measure indicates consensus. All propositions from the current survey are listed in table 1. An asterisk (∗ ) indicates that ...
NATIONAL BANK OF POLAND WORKING PAPER No. 152
... curve. Finally they tested whether substituting newly constructed price indices and their “core” counter-partners in place of lagged CPI into the Phillips curve may improve its forecasting performance in respect to the CPI. They concluded that the forecasts of the headline CPI based on the sticky-pr ...
... curve. Finally they tested whether substituting newly constructed price indices and their “core” counter-partners in place of lagged CPI into the Phillips curve may improve its forecasting performance in respect to the CPI. They concluded that the forecasts of the headline CPI based on the sticky-pr ...
Euro area sectoral value added growth and the Purchasing
... of construction PMI output is, albeit significantly informative, comparatively poor compared with manufacturing PMI output and services PMI business activity. This can be explained by volatile value added growth in the construction sector and the PMI coverage at the euro area level. The PMI for euro ...
... of construction PMI output is, albeit significantly informative, comparatively poor compared with manufacturing PMI output and services PMI business activity. This can be explained by volatile value added growth in the construction sector and the PMI coverage at the euro area level. The PMI for euro ...
Economic Statistics in Hong Kong SAR, China
... N/A N/A Quality assessment framework is available and used to monitor the quality of economic statistics outputs Centralized national metadata repository is available and statistical releases are accompanied with metadata Centralized business register is currently used for multiple statistical produ ...
... N/A N/A Quality assessment framework is available and used to monitor the quality of economic statistics outputs Centralized national metadata repository is available and statistical releases are accompanied with metadata Centralized business register is currently used for multiple statistical produ ...
Practical Modified GINI Index
... 1984). Evidence for the OECD countries indicates that there has been a significant and widespread increase in income inequality during the past 20 years (Chapell et al., 2009; OECD, 2008). When inequality is measured in terms of disposable income, the rise was more modest than it is when comparing m ...
... 1984). Evidence for the OECD countries indicates that there has been a significant and widespread increase in income inequality during the past 20 years (Chapell et al., 2009; OECD, 2008). When inequality is measured in terms of disposable income, the rise was more modest than it is when comparing m ...
22 Appendix
... must be either consumed or saved, the marginal propensity to consume plus the marginal propensity to save must add up to 1, or 100 percent. ...
... must be either consumed or saved, the marginal propensity to consume plus the marginal propensity to save must add up to 1, or 100 percent. ...
Document
... The Multiplier and the Price Level (2 of 14) • Aggregate Expenditure and Aggregate Demand ‒ The aggregate expenditure curve is the relationship between aggregate planned expenditure and real GDP, with all other influences on aggregate planned expenditure remaining the same. ‒ The aggregate demand c ...
... The Multiplier and the Price Level (2 of 14) • Aggregate Expenditure and Aggregate Demand ‒ The aggregate expenditure curve is the relationship between aggregate planned expenditure and real GDP, with all other influences on aggregate planned expenditure remaining the same. ‒ The aggregate demand c ...
E S conomic Statistics in amoa
... ▪ Contact points publicized for each statistical subject area ▪ User consultations are organized by producers of economic statistics ▪ Awareness of relevance, among users, of official statistics to economic policy making is considered sufficient and there are activities in place to improve upon it ...
... ▪ Contact points publicized for each statistical subject area ▪ User consultations are organized by producers of economic statistics ▪ Awareness of relevance, among users, of official statistics to economic policy making is considered sufficient and there are activities in place to improve upon it ...
Sources and Methods of GDP Compilation
... 2003 as the base year estimates. With this rebasing exercise we take a significant step in the development of national accounts, with the compilation of annual GDP at current prices by industry. Therefore this paper provides a description of the sources and methodology used in the 2003 series. The b ...
... 2003 as the base year estimates. With this rebasing exercise we take a significant step in the development of national accounts, with the compilation of annual GDP at current prices by industry. Therefore this paper provides a description of the sources and methodology used in the 2003 series. The b ...
Mankiw 5/e Chapter 2: The Data of Macroeconomics
... If NGDP rises 9% and RGDP rises 4%, then the inflation rate is approximately 5%. ...
... If NGDP rises 9% and RGDP rises 4%, then the inflation rate is approximately 5%. ...
Does consumer sentiment predict consumer spending in Malaysia
... to unusual economic events, either more strongly or less than expected and may differ from investors’ sentiment (Berry & Davey, 2004). Nonetheless, consumer sentiment indices are not meant to be replacements of other economic indicators but supplements to the latter in economic forecasting. A breakd ...
... to unusual economic events, either more strongly or less than expected and may differ from investors’ sentiment (Berry & Davey, 2004). Nonetheless, consumer sentiment indices are not meant to be replacements of other economic indicators but supplements to the latter in economic forecasting. A breakd ...
Consumer price index
A consumer price index (CPI) measures changes in the price level of a market basket of consumer goods and services purchased by households. The CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indexes and sub-sub-indexes are computed for different categories and sub-categories of goods and services, being combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the index. It is one of several price indices calculated by most national statistical agencies. The annual percentage change in a CPI is used as a measure of inflation. A CPI can be used to index (i.e., adjust for the effect of inflation) the real value of wages, salaries, pensions, for regulating prices and for deflating monetary magnitudes to show changes in real values. In most countries, the CPI is, along with the population census and the USA National Income and Product Accounts, one of the most closely watched national economic statistics.