Explore how aggregate demand and GDP connect and differ, using insights from Keynesian economics to understand macroeconomic ...
Criticisms of India’s data and specially the national accounts, which became common after the base change to 2011-12, tend to ...
A recent investment bank research article suggested that generative AI could drive a 7% uptick in global GDP. What if, though, such statements were a kind of category error? What if AI were so ...
Seriously. How are you feeling about your economic situation? Because the unemployment rate is still near generational lows, inflation is down to 3.2%, and gross domestic product, or GDP, grew at a ...
Paul Allin is a member of the UK National Statistician's Expert User Advisory Committee and he is the Royal Statistical Society's Honorary Officer for National Statistics. Views expressed in this ...
Economic assessments may miss important changes in a rewired, data-driven economy Assessments of the world’s economies may be off by trillions of dollars. The existing metrics for GDP, consumer prices ...
This Economic Letter discusses a topic that at first glance appears to be boring and technical but that in fact turns out to be quite important: the proper interpretation of chain-weighted data. To ...
Ranking the world's "richest country" purely depends upon perspective as different methods yield varying results.
India's new national accounts will leverage new data sources and surveys to enhance the measurement of the country's informal ...