VoxEU.org: Recent Articles |
- Inflation and Europe’s public finances
- Dale Jorgenson: Investment, growth accounting, and economic measurement
- The logic behind Australia’s news media bargaining code
- Real-time food price inflation in Germany
| Inflation and Europe’s public finances Posted: Recorded live at CEPR Paris Symposium 2022: What are the consequences of an extended period of above-target inflation for the euro area? Agnès Bénassy-Quéré and Giancarlo Corsetti discuss policy options with Tim Phillips. |
| Dale Jorgenson: Investment, growth accounting, and economic measurement Posted: Dale Jorgenson, who passed away in June 2022, was a central contributor to a wide range of economic and policy issues over a long and productive career. This column, written by three of his friends and colleagues, outlines some of his most notable intellectual contributions, including changing how economists think about investment, implementing better ways to measure productivity, and pushing national accountants to update how they measure economies around the world. The authors note that a characteristic of his work was a tight integration of economic theory, appropriate data that matches the theory, and sound econometrics. |
| The logic behind Australia’s news media bargaining code Posted: Australia's news media bargaining code has been successful in achieving the single objective set for it: to address the imbalance in bargaining power between the country's news media businesses and the digital platforms of Big Tech. The code is largely being copied in Canada, and its key components are in essence replicated in draft legislation under discussion in the UK and the US. Yet it is both misunderstood, because it is novel, and misrepresented, by those who do not wish to see the model extended beyond Australia. This column explains the economics behind the code's inception and implementation, and deals with some of the misconceptions and misrepresentations. |
| Real-time food price inflation in Germany Posted: Unprecedented events, including the Covid-19 pandemic and the Russian invasion of Ukraine, have boosted the demand for real-time measures of consumer price inflation. This column demonstrates the usefulness of high-frequency retail scanner data to document the dynamics of both prices and quantities of German food products in the aftermath of the invasion of Ukraine. Immediate price and quantity responses can be detected and quantified and their subsequent dynamics can be tracked on a continuous base. Both prices and quantities rose for oil and flour due to stockpiling behaviour by consumers, whereas only prices rose for other goods. |
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