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I estimate adjustment costs for labor and capital from the Euler equations for factor demand. For both factors, I find relatively strong evidence against substantial adjustment costs. My estimates use...
We develop an estimator of unreported income, perhaps due to tax evasion, that does not depend on as strict identifying assumptions as previous estimators based on microeconomic data. The standard i...
Measuring Offshore Outsourcing and Offshoring: Problems for Economic Statistics。
Recently the Labour Force Survey (LFS) has moved from reporting on a seasonal to calendar quarter basis. This article uses data on both bases to demonstrate how timing can affect low pay estimates, pa...
Top of pageProvides a review of measurement conventions for the services sector and for investment in knowledge assets.This article provides a review of measurement conventions for the services sector...
In the case of Children's Social Care Services (CSCS), there are particular challenges in finding direct output indicators for use in the National Accounts. Since services for vulnerable children are ...
Measuring societal wellbeing     Measuring  societal wellbeing       2009/11/4
This article provides an overview of measuring societal wellbeing, also called quality of life or social welfare. GDP and the National Accounts measure economic wellbeing according to an international...
The calculation of standard errors for the output producer price index (PPI) has been investigated with the aim of measuring the quality of the growth rates of the published price indices. This articl...
This article reviews recent developments in the measurement and publication of services sector statistics for the UK, taking into account the recommendations of an interdepartmental review undertaken ...
This article outlines a methodology for monitoring the coherence between official data published by the Office for National Statistics (ONS) and business survey data in the form of Purchasing Managers...
Measuring inflation     Measuring inflation  Consumer price       2009/11/4
Consumer price indexes measure the change in prices charged for goods and services bought for consumption by households in the UK. The Office for National Statistics publishes two main measures of con...
Standard errors are used to calculate the difference between the estimate and its true population growth rate. They are one way of measuring the quality of a price index. This article looks at the sta...
Measuring UK inflation     Measuring  UK inflation       2009/11/3
The Office for National Statistics collects a large number of prices every month to produce the retail prices index (RPI). Some perceive that consumer inflation is higher than the official measure. Th...
The current economic conjuncture is a challenge for producers of statistics as well as for policy makers. This article discusses this challenge, in particular the challenge of providing timely, reliab...
This article describes current methods for measuring defence in the UK National Accounts, based on staff numbers and other inputs. It sets out proposals for improvements to these measures, making bett...

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