AGGREGATE EXPENDITURE MODEL
... GDP & the 45 reference line Recall that the GDP could be estimated from actual data ...
... GDP & the 45 reference line Recall that the GDP could be estimated from actual data ...
NBER WORKING PAPER SERIES Robert C. Feenstra Hong Ma
... expenditure-side of the economy, as done by the World Bank and PWT, with real GDP measured on the output-side. These two concepts differ by countries’ terms of trade, i.e. by the relative prices of their exports and imports. We provide calculations of China’s real GDP in 2005 measured on the output- ...
... expenditure-side of the economy, as done by the World Bank and PWT, with real GDP measured on the output-side. These two concepts differ by countries’ terms of trade, i.e. by the relative prices of their exports and imports. We provide calculations of China’s real GDP in 2005 measured on the output- ...
Note: Figures in some tables may not add up to the total published
... Table B and Figure 4 show the year-on-year quarterly GDP/GVA growth rates based on unadjusted data and the quarter-to-quarter growth rates based on seasonally adjusted data for the first quarter 2011 to the fourth quarter 2015. As indicated earlier, while the year-on-year growth rates can be used to ...
... Table B and Figure 4 show the year-on-year quarterly GDP/GVA growth rates based on unadjusted data and the quarter-to-quarter growth rates based on seasonally adjusted data for the first quarter 2011 to the fourth quarter 2015. As indicated earlier, while the year-on-year growth rates can be used to ...
Parkin-Bade Chapter 22
... Disposable income is either spent on consumption goods and services, C, or saved, S. That is, ...
... Disposable income is either spent on consumption goods and services, C, or saved, S. That is, ...
- Chicago Fed
... index until they have answered the survey twice. This is because those who respond only once would have neutral answers by definition, as a single response is necessarily the average response. Note, too, that over time, the index could change because respondents’ averages will change with each respo ...
... index until they have answered the survey twice. This is because those who respond only once would have neutral answers by definition, as a single response is necessarily the average response. Note, too, that over time, the index could change because respondents’ averages will change with each respo ...
Methodology document for compilation of Quarterly GDP
... rates of production per different categories/ages/breeds of animals. As quarterly data is available with a time lag, the annual production data is apportioned among quarters on the basis of previous year’s distribution. Annual estimates of milk, egg and wool production for the current year are provi ...
... rates of production per different categories/ages/breeds of animals. As quarterly data is available with a time lag, the annual production data is apportioned among quarters on the basis of previous year’s distribution. Annual estimates of milk, egg and wool production for the current year are provi ...
The Data of Macroeconomics
... A problem arises when using fixed base-year weights: Growth will vary depending on base year chosen. Rapidly growing sectors with declining relative prices will be weighted “too much” as base year becomes further and further in the past. Opposite for slowly growing sectors. CHAPTER 2 ...
... A problem arises when using fixed base-year weights: Growth will vary depending on base year chosen. Rapidly growing sectors with declining relative prices will be weighted “too much” as base year becomes further and further in the past. Opposite for slowly growing sectors. CHAPTER 2 ...
Chapter 9: Introduction to Business Cycles
... There are a number of possible reasons that have been sketched out by economists. But there is great uncertainty about which reasons are truly important. First, businesses and workers can find that changing prices or wages is costly, hence prefer to keep prices and wages fixed as long as shocks are ...
... There are a number of possible reasons that have been sketched out by economists. But there is great uncertainty about which reasons are truly important. First, businesses and workers can find that changing prices or wages is costly, hence prefer to keep prices and wages fixed as long as shocks are ...
E M conomic Statistics in alaysia
... This national summary was prepared by ESCAP Statistics Division in November, 2013. Results of the Capacity Screening questionnaire were received in November, 2013 from 50 of the 58 member countries who were contacted. Further information on RPES and the Core Set is available here: http://www.unescap ...
... This national summary was prepared by ESCAP Statistics Division in November, 2013. Results of the Capacity Screening questionnaire were received in November, 2013 from 50 of the 58 member countries who were contacted. Further information on RPES and the Core Set is available here: http://www.unescap ...
Measuring the US Economy
... However, remember the problem we ran into with the movie grosses. GDP (current market value of goods and services produced) isn’t really the same in 1947 as it is in 2014 because the dollar has lost a lot of its value (i.e. prices have gone up) ...
... However, remember the problem we ran into with the movie grosses. GDP (current market value of goods and services produced) isn’t really the same in 1947 as it is in 2014 because the dollar has lost a lot of its value (i.e. prices have gone up) ...
Parkin-Bade Chapter 22
... The marginal propensity to consume (MPC) is the fraction of a change in disposable income spent on consumption. It is calculated as the change in consumption expenditure, C, divided by the change in disposable income, YD, ...
... The marginal propensity to consume (MPC) is the fraction of a change in disposable income spent on consumption. It is calculated as the change in consumption expenditure, C, divided by the change in disposable income, YD, ...
Myndir af hagvexti
... • Economic Complexity Index by Hidalgo and Hausmann (2009) • Ranks countries by the diversity and complexity of their export ...
... • Economic Complexity Index by Hidalgo and Hausmann (2009) • Ranks countries by the diversity and complexity of their export ...
GNP is - Personal.psu.edu
... – Deflator measures wider group of goods than does the CPI – CPI uses fixed basket, deflator uses things produced in a year – The CPI includes imports, deflator only measures U.S. goods ...
... – Deflator measures wider group of goods than does the CPI – CPI uses fixed basket, deflator uses things produced in a year – The CPI includes imports, deflator only measures U.S. goods ...
(PDF)
... CPI relative importance data comes from the Consumer Expenditure Survey (CE). The CE contains a wealth of detailed information consumer expenditure behavior. Readers interested in studying consumer behavior more extensively may wish to use CE data directly rather than CPI relative importance data. C ...
... CPI relative importance data comes from the Consumer Expenditure Survey (CE). The CE contains a wealth of detailed information consumer expenditure behavior. Readers interested in studying consumer behavior more extensively may wish to use CE data directly rather than CPI relative importance data. C ...
Parkin-Bade Chapter 22
... And the price level changes when firms change prices. The aggregate supply-aggregate demand model explains the simultaneous determination of real GDP and the price level. The two models are related. © 2010 Pearson Education ...
... And the price level changes when firms change prices. The aggregate supply-aggregate demand model explains the simultaneous determination of real GDP and the price level. The two models are related. © 2010 Pearson Education ...
CIFP Methodology, Data Descriptions, Data Sources
... elaboration of Risk Assessment Reports, which precede and serve as a ground for subsequent country-specific early-warning reports that will integrate various data sources and analytical methods (local analysis, events data, structural data). CIFP’s methodology is structural, focused on macro or long ...
... elaboration of Risk Assessment Reports, which precede and serve as a ground for subsequent country-specific early-warning reports that will integrate various data sources and analytical methods (local analysis, events data, structural data). CIFP’s methodology is structural, focused on macro or long ...
Relative British and American Income Levels during the First
... structural change in the US and the UK highlight the importance of this period in each nation’s development. To date, evidence on the performance of these economies during the early and middle 1800’s is drawn mostly from information on changes within the domestic economy. We know little about UK/US ...
... structural change in the US and the UK highlight the importance of this period in each nation’s development. To date, evidence on the performance of these economies during the early and middle 1800’s is drawn mostly from information on changes within the domestic economy. We know little about UK/US ...
Quarterly National Accounts
... GDP growth rate for the first quarter of 2006 over to the corresponding quarter of 2005 is estimated at +7.2%. Growths were registered in all sectors except “Construction” (Table 2). “Agriculture, hunting, forestry and fishing” grew by 2.2% at the first quarter of 2006 compared to 0.2% at the last q ...
... GDP growth rate for the first quarter of 2006 over to the corresponding quarter of 2005 is estimated at +7.2%. Growths were registered in all sectors except “Construction” (Table 2). “Agriculture, hunting, forestry and fishing” grew by 2.2% at the first quarter of 2006 compared to 0.2% at the last q ...
DP2001/06 How much do import price shocks matter for consumer prices? Tim Hampton
... is typically costly for firms to adjust prices (due to menu costs) and that they are generally unsure whether import price movements are going to be permanent or just cyclical. Firms therefore delay some, or all, of their price adjustment until they determine the duration of the shock – thus varying ...
... is typically costly for firms to adjust prices (due to menu costs) and that they are generally unsure whether import price movements are going to be permanent or just cyclical. Firms therefore delay some, or all, of their price adjustment until they determine the duration of the shock – thus varying ...
E B conomic Statistics in runei Darussalam
... ▪ Contact points publicized for each statistical subject area ▪ User consultations are not organized by producers of economic statistics ▪ Awareness of relevance, among users, of official statistics to economic policy making is not considered sufficient and there are no activities in place to improv ...
... ▪ Contact points publicized for each statistical subject area ▪ User consultations are not organized by producers of economic statistics ▪ Awareness of relevance, among users, of official statistics to economic policy making is not considered sufficient and there are no activities in place to improv ...
Paper - Langer Research Associates
... We next assessed the Bloomberg CCI’s “known groups” validity, by testing whether results from the CCI distinguish among groups that would be expected to differ in their economic views. Specifically, we examined the long-term averages of the CCI among various demographic groups, with the expectation ...
... We next assessed the Bloomberg CCI’s “known groups” validity, by testing whether results from the CCI distinguish among groups that would be expected to differ in their economic views. Specifically, we examined the long-term averages of the CCI among various demographic groups, with the expectation ...
Household Expectations and Household Consumption Expenditures: The Case of Turkey Evren CERİTOĞLU
... economic variables such as consumer prices inflation and the growth rate of the economy precisely. Sinclair et al. (2010) demonstrate that additional news and information about the level of economic activity in the current period raises the accuracy of forecasts significantly. At this point, the ana ...
... economic variables such as consumer prices inflation and the growth rate of the economy precisely. Sinclair et al. (2010) demonstrate that additional news and information about the level of economic activity in the current period raises the accuracy of forecasts significantly. At this point, the ana ...
Consistent Level Aggregation and Growth Decomposition of Real GDP
... framework for consistent level aggregation and growth decomposition of US GDP in chained prices is possible. This framework incorporates differences and changes in relative prices that chained indexes are designed to capture but upon closer examination are surprisingly ignored by BEA in computing in ...
... framework for consistent level aggregation and growth decomposition of US GDP in chained prices is possible. This framework incorporates differences and changes in relative prices that chained indexes are designed to capture but upon closer examination are surprisingly ignored by BEA in computing in ...
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.