Understanding the space–time (in)consistency of the national accounts

C-Tier
Journal: Economics Letters
Year: 2015
Volume: 132
Issue: C
Pages: 21-23

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Space–time consistency means that an earlier PPP, updated by relative inflation rates, equals a more recent PPP. I show that in the absence of data errors Divisia price indices are space–time consistent provided that the consumer’s utility function is homothetic.

Technical Details

RePEc Handle
repec:eee:ecolet:v:132:y:2015:i:c:p:21-23
Journal Field
General
Author Count
1
Added to Database
2026-01-26