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International Economic Transactions: Issues in Measurement and Empirical Research (National Bureau of Economic Research Studies in Income and Wealth)

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 | #4515913 in eBooks |  2009-02-15 |  2009-02-15 | File type: PDF

||About the Author|
Peter Hooper is assistant director of the Division of International Finance, Board of Governors of the Federal Reserve System. He is coeditor of Empirical Macroeconomics for Interdependent Economies, named "1988's Best Book in

How the government arrives at its official economic statistics deeply influences the lives of every American. Social Security payments and even some wages are linked to import prices through official inflation rates; special measures of national product are necessary for valid comparisons of vital social indicators such as relative standards of living and relative poverty. Poor information can result in poor policies. And yet, federal statistics agencies have been c...

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