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25 Statistical aspects of calibration in macroeconomics

1993
Publisher Summary This chapter provides a formal statistical interpretation to some aspects of calibration in macroeconomics. Empirical questions in macroeconomics are addressed with dynamic, equilibrium models. Studying such questions involves formulating a model, solving it, assigning parameter values (that is, calibration), and then conducting ...
Allan W. Gregory, Gregor W. Smith
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Statistical Analysis of Macroeconomic Variables [PDF]

open access: possibleRomanian Statistical Review Supplement, 2014
This report comprises an analysis over 40 countries from the group ONECE and over the following two variables : GDP per capita and Unemployment rate in the year 2011. The following report consist of more sections; it begins with calculating the central tendency indicators, which will have a role in the entire report with the purpose to analyze and ...
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Macroeconomic Developments in China: The Statistical Challenges

2012
The paper describes the statistical system in China, with a specific focus on the quarterly national accounts and the main source data. After reviewing the progress already made to meet increasing demand for short-term indicators by domestic and international users, we focus on four key issues that remain unresolved, namely: (1) the compilation of ...
Marco Marini, Francesco Zollino
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Reconstructing Macroeconomics Based on Statistical Physics

2010
We believe that time has come to integrate the new approach based on statistical physics or econophysics into macroeconomics. Toward this goal, there must be more dialogues between physicists and economists. In this paper, we argue that there is no reason why the methods of statistical physics so successful in many fields of natural sciences cannot be ...
Masanao Aoki, Hiroshi Yoshikawa
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Post-Soviet Society and Russia’s Macroeconomic Statistics

Russian Politics & Law, 2017
This article investigates the causes of the distorted macroeconomic statistics in the Russian Federation. It introduces alternative methods for the estimation of gross domestic product (GDP) growth, and the growth and amount of fixed capital stock, and estimates them by drawing on alternative data.
G. Khanin, D. Fomin
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Methodology of Using Statistical Indicators in Macroeconomic Analyses [PDF]

open access: possibleKnowledge Horizons - Economics, 2015
The system of macroeconomic indicators development has been imperative in order to meet the requirements of the characterization and business social - economic analysis at various organizational levels and for the whole national economy. Targeting the mass phenomena characterization, statistics draw up specific methodologies and techniques.
Claudia Gabriela Bentoiu   +2 more
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Measuring the Value of Data and Their Treatment in Macroeconomic Statistics

Voprosy statistiki, 2020
The paper studies the role of data as an economic asset in the digital economy. The research is focused on the development of an approach to comprehensive data valuation and their adequate treatment in macroeconomic statistics. The first part of the paper reviews the major publications on the so-called Solow productivity paradox: the impact of digital ...
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Using web-based search data to predict macroeconomic statistics

Communications of the ACM, 2005
Tracking common search terms used on the Web can produce accurate, useful statistics about the unemployment rate. We hope to extend this approach to other economic statistics.
Michael Ettredge   +2 more
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Statistical analysis of the main macroeconomic indicators of the region

Экономика и предпринимательство, 2020
В статье проведен статистический анализ основных макроэкономических показателей Краснодарского края за последние 5 лет. Проанализирована структура и динамика валового регионального продукта, характеризующего общий объем произведенных товаров, продукции, выполненных работ и оказанных услуг.
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Globalization: Innovations in macroeconomic statistics for an interconnected world

Statistical Journal of the IAOS
Globalization has fundamentally altered the landscape of production and income allocation, placing greater demands on macroeconomic statistical frameworks. The rise of multinational enterprises (MNEs), with complex cross-border operations and financial strategies, including transfer pricing and the use of special purpose entities ...
Francien Berry   +3 more
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