How should we measure changes in an economy's standard of living, or compare living standards across countries? Typically, economists use GDP per capita as a proxy for a country's standard of living, ...
The debt needs to be thought of as a response to the contingent circumstances we find ourselves in, with mass unemployment, a Federal Reserve desperately trying to gain traction at the zero lower ...
It’s not surprising that measuring economic growth in an economy the size and scope of the United States is a daunting, data-heavy task that requires adjustments as new information becomes available.
GDP does not need to be redefined for the AI age. The harder measurement problem is how price indexes account for rapidly ...
'Potential error' delays GDP data A "potential error" has forced the Office for National Statistics (ONS) to delay the publication of the latest GDP figures, due on Wednesday. The very rare move was ...
Investigation requested after NSO error in GDP calculation The Minister for Finance will be asking the Malta Statistics Authority (MSA), the independent regulator for official national statistics, to ...