Real GDP
... consumers. Thus, an increase in the price of goods bought only by firms or the government will show up in the GDP deflator, but not in the CPI. Also, another difference is that the GDP deflator includes only those goods and services produced domestically. Imported goods are not a part of GDP and the ...
... consumers. Thus, an increase in the price of goods bought only by firms or the government will show up in the GDP deflator, but not in the CPI. Also, another difference is that the GDP deflator includes only those goods and services produced domestically. Imported goods are not a part of GDP and the ...
President’s Report Board Directors
... inventories fell 0.9% in September, following a 1.3% drop the previous month. In other data released over the past week, oil prices rose slightly to $79.3 per barrel from the previous week's average of $78.4. The Veteran's Day holiday led to this being a quiet week in terms of data releases, highlig ...
... inventories fell 0.9% in September, following a 1.3% drop the previous month. In other data released over the past week, oil prices rose slightly to $79.3 per barrel from the previous week's average of $78.4. The Veteran's Day holiday led to this being a quiet week in terms of data releases, highlig ...
Slides - FGV/EPGE
... Analytically determine the appropriate price index for markets with financial frictions in general and emerging markets in particular ...
... Analytically determine the appropriate price index for markets with financial frictions in general and emerging markets in particular ...
Macroeconomics
... Price indices are imprecise due to quality changes, new products, and shifts in preferences. ...
... Price indices are imprecise due to quality changes, new products, and shifts in preferences. ...
Topic 2: Macroeconomics
... $300K, and added value of $100K. What did the liquor store produce? ...
... $300K, and added value of $100K. What did the liquor store produce? ...
2017 Investment Outlook
... Data sources: Strategas Research Partners, Bloomberg, 12/29/06 – 5/31/17. Past performance is no guarantee of future results. Correlation is a statistical measure of how two securities move in relation to each other. Perfect positive correlation (a correlation co-efficient of +1) implies that as one ...
... Data sources: Strategas Research Partners, Bloomberg, 12/29/06 – 5/31/17. Past performance is no guarantee of future results. Correlation is a statistical measure of how two securities move in relation to each other. Perfect positive correlation (a correlation co-efficient of +1) implies that as one ...
`ECONOMIC AND PRICE STABILITY`?
... Bank of Sri Lanka to pursue ‘economic and price stability’ as one of the two core objectives of the Bank. This is somewhat a departure from the central banks in the rest of the world which have been mandated to attain only ‘price stability’. Hence, it may be puzzling to many whether the Central Bank ...
... Bank of Sri Lanka to pursue ‘economic and price stability’ as one of the two core objectives of the Bank. This is somewhat a departure from the central banks in the rest of the world which have been mandated to attain only ‘price stability’. Hence, it may be puzzling to many whether the Central Bank ...
Inflation
... leads to more frequent marital spats, pessimism, diminished self-confidence, and even sexual insecurity. ...
... leads to more frequent marital spats, pessimism, diminished self-confidence, and even sexual insecurity. ...
Chapter 5
... New goods bias New goods that were not available in the base year appear and, if they are more expensive than the goods they replace, the price level may be biased higher. Similarly, if they are cheaper than the goods they replace, but not yet in the CPI basket, they bias the CPI upward. Quality cha ...
... New goods bias New goods that were not available in the base year appear and, if they are more expensive than the goods they replace, the price level may be biased higher. Similarly, if they are cheaper than the goods they replace, but not yet in the CPI basket, they bias the CPI upward. Quality cha ...
Econ_OnlineLectureNotes_ch13_s2
... low inflation rates for most of their lifetimes. – In the 2000s, the economy actually seemed to be experiencing a period of deflation, or a sustained drop in the price levels. – However, by mid-2008, inflation was becoming a worry. The CPI rose 1.1 percent in June. Higher production costs, fueled by ...
... low inflation rates for most of their lifetimes. – In the 2000s, the economy actually seemed to be experiencing a period of deflation, or a sustained drop in the price levels. – However, by mid-2008, inflation was becoming a worry. The CPI rose 1.1 percent in June. Higher production costs, fueled by ...
Supplementary appendix
... We show that our assumption in equation (19) of the paper that aggregate profits repre´ sent a constant share of total revenues (Pit = ki Yit , where Yit = Ân W pint qint dMit ), is int satisfied in the remaining two special cases of our model described in Section 4. In the first case, there are no ...
... We show that our assumption in equation (19) of the paper that aggregate profits repre´ sent a constant share of total revenues (Pit = ki Yit , where Yit = Ân W pint qint dMit ), is int satisfied in the remaining two special cases of our model described in Section 4. In the first case, there are no ...
UPDATING AND AUGMENTING THE ECONOMIC VULNERABILITY INDEX
... underpinnings to justify variable weights. Variable weights can be used if there is sufficient reason to believe that some components have a stronger effect than others on the phenomenon that is being measured.4 Constructing the Vulnerability Composite Index In order to calculate values on the compo ...
... underpinnings to justify variable weights. Variable weights can be used if there is sufficient reason to believe that some components have a stronger effect than others on the phenomenon that is being measured.4 Constructing the Vulnerability Composite Index In order to calculate values on the compo ...
President’s Report Board Directors
... The growth in real GDP in the first quarter primarily reflected positive contributions from personal consumption expenditures, state and local government spending, nonresidential fixed investment, exports, and residential fixed investment that were partly offset by negative contributions from privat ...
... The growth in real GDP in the first quarter primarily reflected positive contributions from personal consumption expenditures, state and local government spending, nonresidential fixed investment, exports, and residential fixed investment that were partly offset by negative contributions from privat ...
BANK OF ISRAEL Office of the Spokesperson and Economic
... the past decade there has not been an extraordinary change in the average price level. Are prices in Israel too high to start with—maybe higher than other countries? A comparison of prices vis-à-vis other countries is not simply a comparison of the price in shekels of a specific product in a Europea ...
... the past decade there has not been an extraordinary change in the average price level. Are prices in Israel too high to start with—maybe higher than other countries? A comparison of prices vis-à-vis other countries is not simply a comparison of the price in shekels of a specific product in a Europea ...
Survey on the implementation of the SNA – 2012
... Please note that we are inquiring about the national accounts and supporting economic statistics in the country in general and not necessarily those that are compiled and/or disseminated by your office. Therefore, you might like to contact your counterparts in the central bank, other economic policy ...
... Please note that we are inquiring about the national accounts and supporting economic statistics in the country in general and not necessarily those that are compiled and/or disseminated by your office. Therefore, you might like to contact your counterparts in the central bank, other economic policy ...
Taxes paid by owners on the value of owner-occupied
... • Should be obtained from estimates of the stock of owner-occupied dwellings valued at current prices • Preferable that stock estimates calculated by the Perpetual Inventory Method (PIM) as the derivation of CFC is an integral part of the method • If countries do not have a long time series of GFCF ...
... • Should be obtained from estimates of the stock of owner-occupied dwellings valued at current prices • Preferable that stock estimates calculated by the Perpetual Inventory Method (PIM) as the derivation of CFC is an integral part of the method • If countries do not have a long time series of GFCF ...
GDP
... substitution bias, introduction of new goods, and unmeasured quality changes cause the CPI to overstate the true cost of living. ...
... substitution bias, introduction of new goods, and unmeasured quality changes cause the CPI to overstate the true cost of living. ...
Economics 304 - Personal.psu.edu
... 1. (50 points total) In this first homework assignment, we are getting our ‘hands dirty’ to get familiar with some of the major macroeconomic variables that we will be using and working with throughout the semester. Our first chapter with ‘something to sink our teeth into’ is chapter 3 and it is all ...
... 1. (50 points total) In this first homework assignment, we are getting our ‘hands dirty’ to get familiar with some of the major macroeconomic variables that we will be using and working with throughout the semester. Our first chapter with ‘something to sink our teeth into’ is chapter 3 and it is all ...
Bank of England Inflation Report May 2011
... (b) Non-services measure. (c) Net percentage balance of companies that say they have revised up planned investment in plant and machinery over the next twelve months. Service sector data cover financial, retail and consumer/business sectors weighted together using shares in real business investment. ...
... (b) Non-services measure. (c) Net percentage balance of companies that say they have revised up planned investment in plant and machinery over the next twelve months. Service sector data cover financial, retail and consumer/business sectors weighted together using shares in real business investment. ...
President’s Report Board Directors
... the worst of the recession may be over, it could still be some time before a strong economy returns. The decrease in real GDP in the first quarter was due primarily to negative contributions from exports, private inventory investment, equipment and software, nonresidential structures, and residentia ...
... the worst of the recession may be over, it could still be some time before a strong economy returns. The decrease in real GDP in the first quarter was due primarily to negative contributions from exports, private inventory investment, equipment and software, nonresidential structures, and residentia ...
GDP: Gross Domestic Product (GDP) and the unemployment rate
... A price index measures the cost of buying a certain "basket" of goods, so one must: (1) total up the dollar cost of buying given quantities of all of the items in the basket, for each of the years we are looking at. Then, so that we may more easily compare price levels for different years, we index ...
... A price index measures the cost of buying a certain "basket" of goods, so one must: (1) total up the dollar cost of buying given quantities of all of the items in the basket, for each of the years we are looking at. Then, so that we may more easily compare price levels for different years, we index ...
Quiz 2 - solutions
... ____ 10. When the relative price of a good increases, consumers will respond by buying a. more of it and its substitutes. b. less of it and its substitutes. c. less of it and more of its substitutes. d. more of it and less of its substitutes. ____ 11. Suppose that lawn mowers are part of the market ...
... ____ 10. When the relative price of a good increases, consumers will respond by buying a. more of it and its substitutes. b. less of it and its substitutes. c. less of it and more of its substitutes. d. more of it and less of its substitutes. ____ 11. Suppose that lawn mowers are part of the market ...
Workshop on National Accounts 6
... added approach • Separate estimates of expenditure components except change in stocks • Change in stock: residually estimated • No explicit statistical discrepancy • Attempt to produce GDP by income approach ...
... added approach • Separate estimates of expenditure components except change in stocks • Change in stock: residually estimated • No explicit statistical discrepancy • Attempt to produce GDP by income approach ...
Chapter 2 - eco - LazyBone Publications
... economy of a country. Moreover, it does not at all consider economic or monetary concept. Hence, it is a poor measure of economic development as well as economic growth. Inspite of these drawbacks, P.Q.L.I. is considered as an improvement over traditional measure of economic welfare. However, recent ...
... economy of a country. Moreover, it does not at all consider economic or monetary concept. Hence, it is a poor measure of economic development as well as economic growth. Inspite of these drawbacks, P.Q.L.I. is considered as an improvement over traditional measure of economic welfare. However, recent ...
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.