OECD Statistics Working Papers

Some Observations on International Area Aggregates
1815-2031 (online)
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The OECD Statistics Working Paper Series - managed by the OECD Statistics Directorate – is designed to make available in a timely fashion and to a wider readership selected studies prepared by staff in the Secretariat or by outside consultants working on OECD projects. The papers included are of a technical, methodological or statistical policy nature and relate to statistical work relevant to the organisation. The Working Papers are generally available only in their original language - English or French - with a summary in the other.

Joint Working Paper
Measuring Well-being and Progress in Countries at Different Stages of Development: Towards a More Universal Conceptual Framework (with OECD Development Centre)

Measuring and Assessing Job Quality: The OECD Job Quality Framework (with OECD Directorate for Employment, Labour and Social Affairs)

Forecasting GDP during and after the Great Recession: A contest between small-scale bridge and large-scale dynamic factor models (with OECD Economics Directorate)

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  N° 2001/01   18 Dec 2001 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/some-observations-on-international-area-aggregates_436053310120
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Some Observations on International Area Aggregates
Paul Schreyer
This paper deals with the construction of statistics for area or zone totals for groups of countries. It discusses various ways to construct volume and value series and reviews some of the implications for resulting indirect price indices. The paper then takes a more specific look at the Euro...
  N° 2002/02   18 Apr 2002 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/overview-of-sustainable-development-indicators-used-by-national-and-international-agencies_838562874641
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Overview of Sustainable Development Indicators used by National and International Agencies
Julie L. Hass, Frode Brunvoll, Henning Hoie
This paper presents a general overview of recent work on sustainable development indicators in OECD countries. It provides an overview of on-going work for developing "agreed" indicators that measure progress across the three dimensions of sustainable development (economic, social and...
  N° 2003/01   04 Mar 2003 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/report-of-the-oecd-task-force-on-software-measurement-in-the-national-accounts_334811030426
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Report of the OECD Task Force on Software Measurement in the National Accounts
François Lequiller, Nadim Ahmad, Seppo Varjonen, William Cave, Kil-Hyo Ahn
This statistical working paper is the exact copy of the report of the joint OECD/Eurostat task force that was presented at the October 2002 OECD National Accounts Expert Meeting. The report confirms that current estimates of software investment differ significantly between countries for pure...
  N° 2003/02   04 Mar 2003 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/household-wealth-in-the-national-accounts-of-europe-the-united-states-and-japan_466322268303
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Household Wealth in the National Accounts of Europe, the United States and Japan
André Babeau, Teresa Sbano
This working paper has been presented and discussed at the October 2002 OECD National Accounts Experts Meeting. The objective of the paper is two fold: (1) present comparable results for household financial and non financial assets and liabilities for Europe, the USA and Japan, (2) analyse the...
  N° 2003/03   18 Apr 2003 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/statistical-developments-and-strategies-in-the-context-of-e-government_276667270150
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Statistical Developments and Strategies in the Context of E-Government
Brian Finn, Enrico Giovannini
This working paper has been written as a contribution to the OECD e-government project launched in 2001, which explores how governments can best exploit information and communication technologies (ICT) to enhance good governance principles and achieve public policy goals. The paper highlights...
  N° 2003/04   24 June 2003 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/measurement-of-output-value-added-gdp-in-canada-and-the-united-states_101477551445
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Measurement of Output, Value Added, GDP in Canada and the United States
Kishori Lal
This report provides, in a summary fashion, similarities and differences in the production accounts of Canada and the United States. The discussion is limited to those issues which affect the level of output, value added and GDP, both at the total economy level and by industry or sector, all at...
  N° 2003/05   12 Dec 2003 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/comparing-labour-productivity-growth-in-the-oecd-area_838342850485
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Comparing Labour Productivity Growth in the OECD Area
Nadim Ahmad, François Lequiller, Pascal Marianna, Dirk Pilat, Paul Schreyer, Anita Wölfl
This paper examines how measurement problems affect international comparisons of labour productivity. It suggests that these measurement problems do not significantly affect the assessment of aggregate productivity patterns in the OECD area. However, these problems do influence the more...
  N° 2003/06   19 Dec 2003 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/oecd-capital-services-estimates_658687860232
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OECD Capital Services Estimates
Paul Schreyer, Pierre-Emmanuel Bignon, Julien Dupont
This document presents the concepts underlying capital services measures, describes estimation methods and produces a first set of results. It also raises a number of outstanding conceptual issues in relation to capital services measures ...
  N° 2004/01   02 Dec 2004 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/oecd-china-governance-project-measuring-atypical-jobs_304848747482
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Measuring Atypical Jobs
Leonello Tronti, Francesca Ceccato, Eleonora Cimino
Over the past years, non-standard, flexible employment contracts have gained in importance in many OECD countries. This has made it difficult for statisticians to apply standard classifications of working arrangements to measure and analyse labour market developments. This paper presents a new...
  N° 2005/01   19 Jan 2005 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/oecd-china-governance-project_640443218516
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OECD — China Governance Project
Carsten A. Holz
The purpose of this working paper is to provide an overview of recent discussions on the quality of Chinese data, and to describe and evaluate the institutional organization and methods of data compilation in China. The first part outlines key criticisms of Chinese data and examines their...
  N° 2005/02   03 Aug 2005 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-statistical-measurement-of-services_748203537383
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The Statistical Measurement of Services
Enrico Giovannini, William Cave
Services are increasingly important in modern economies contributing about 68% of world economy value added in 2002 and, although at a much lower level, are increasingly traded internationally (see Table 1). These patterns of increasing importance of services are observed in the generality of...
  N° 2005/03   09 Aug 2005 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/handbook-on-constructing-composite-indicators_533411815016
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Handbook on Constructing Composite Indicators
Michela Nardo, Michaela Saisana, Andrea Saltelli, Stefano Tarantola, Anders Hoffman, Enrico Giovannini
This Handbook aims to provide a guide for constructing and using composite indicators for policy makers, academics, the media and other interested parties. While there are several types of composite indicators, this Handbook is concerned with those which compare and rank country performance in...
  N° 2005/04   17 Aug 2005 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/ict-and-economic-growth_527376367825
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ICT and Economic Growth
Matilde Mas, Javier Quesada
Using new sectoral data on investment and capital services we carry out a growth accounting exercise on Spain 1985-2002. We compute the contribution to output and labour productivity growth of employment, non-ICT and ICT capital, labour qualification and Total Factor Productivity. Results are...
  N° 2005/05   22 Dec 2005 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/improving-timeliness-for-short-term-economic-statistics_427820416328
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Improving Timeliness for Short-Term Economic Statistics
Richard McKenzie
Effective business cycle analysis, and indeed the monitoring of a country’s economic performance from a policy perspective, requires access to timely high quality short-term economic statistics (STES). Consequently in recent years there has been a lot of pressure on national statistics...
  N° 2006/01   25 Jan 2006 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/composite-leading-indicators-for-major-oecd-non-member-economies_834716666802
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Composite Leading Indicators for Major OECD Non-Member Economies
Ronny Nilsson, Olivier Brunet
The OECD developed a System of Composite Leading indicators for its Member countries in the early 1980's based on the 'growth cycle' approach. Today the OECD compiles composite leading indicators (CLIs) for 23 of its 30 Member countries and it is envisaged to expand country coverage to include...
  N° 2006/02   14 Sep 2006 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/undertaking-revisions-and-real-time-data-analysis-using-the-oecd-main-economic-indicators-original-release-data-and-revisions-database_146528313656
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Undertaking Revisions and Real-Time Data Analysis using the OECD Main Economic Indicators Original Release Data and Revisions Database
Richard McKenzie
The first releases of official statistics are often revised in subsequent releases, sometimes substantially. Such revisions can impact on policy decisions, as revisions to first published data may alter the previous assessment of the state of the economy. This may occur through a changed...
  N° 2006/03   24 Oct 2006 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-proposed-framework-for-business-demography-statistics_145777872685
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A Proposed Framework For business Demography Statistics
Nadim Ahmad
The creation of new businesses and the decline of unproductive ones are often regarded key to business dynamism in OECD economies. Understanding business behaviour, creative destruction and identifying successful and failing businesses, as well as fostering entrepreneurship and innovation,...
  N° 2006/04   14 Nov 2006 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-international-comparability-of-business-start-up-rates-final-report_118741888521
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The International comparability of Business Start-up Rates Final Report
Steven Vale
Growing political and academic interest in entrepreneurship and business demography, and particularly the role and value of new businesses in national economies, is prompting various research projects on these topics. One of the main issues faced by researchers and policy makers is the current...
  N° 2006/05   11 Dec 2006 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/composite-leading-indicators-and-growth-cycles-in-major-oecd-non-member-economies-and-recently-new-oecd-members-countries_118143571177
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Composite Leading Indicators and Growth Cycles in Major OECD Non-Member Economies and recently new OECD Members Countries
Ronny Nilsson
The OECD developed a System of Composite Leading Indicators (CLIs) for its Member Countries in the early 1980?s based on the ?growth cycle? approach and up to 2006 the Organisation compiled composite leading indicators for 23 of the 30 Member countries. Country coverage has now been expanded to...
  N° 2007/03   03 Apr 2007 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/international-measurement-of-the-economic-and-social-importance-of-culture_5k92znx7sc30-en
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International Measurement of the Economic and Social Importance of Culture
John C. Gordon, Helen Beilby-Orrin
This report provides information on an OECD Project examining the feasibility of producing reliable international comparative measures of the culture sector. As part of the project, initial measures were produced for five countries and four cities. A draft version of this paper was circulated...
  N° 2007/01   11 May 2007 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/current-period-performance-of-oecd-composite-leading-indicators-clis_117868214158
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Current Period Performance of OECD Composite Leading Indicators (CLIs)
Ronny Nilsson, Emmanuelle Guidetti
This paper presents a comprehensive analysis of the current period performance of the OECD composite leading indicators (CLIs) for 21 OECD Member countries and three zone aggregates (OECD area, Euro area and Major Seven countries) for which CLIs are available for a longer time period....
  N° 2007/02   29 May 2007 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/statistics-and-politics-in-a-knowledge-society_116286256286
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Statistics and Politics in a "Knowledge Society".
Enrico Giovannini
Several studies have analysed the characteristics of the knowledge society, as well as its impact on the production of "official" statistics. In this paper we will not enter into this debate, but we will try to analyse the role of statistics in building a knowledge society and improving the...
  N° 2008/02   24 Jan 2008 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-framework-for-addressing-and-measuring-entrepreneurship_243160627270
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A Framework for Addressing and Measuring Entrepreneurship
Nadim Ahmad, Anders Hoffman
In recent years entrepreneurship has become a buzzword that?s entered the mainstream. Politicians continuously cite its importance and the need to create more entrepreneurial societies, and newspapers and television programmes frequently create themes around successful entrepreneurs. But, the...
  N° 2008/01   24 Jan 2008 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/defining-entrepreneurial-activity_243164686763
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Defining Entrepreneurial Activity
Nadim Ahmad, Richard G. Seymour
This paper sets out definitions of the entrepreneur, entrepreneurship and entrepreneurial activity for the purpose of supporting the development of related indicators. The paper recognises the long history in this area and the contention and differences that have existed, and that continue to...
  N° 2008/03   12 Feb 2008 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/globalisation-in-services_243156015316
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Globalisation in Services
Isabelle Bensidoun, Deniz Ünal-Kesenci
This paper provides new estimates of international trade in services for mode 3 (foreign affiliates' sales in a host country) for four major OECD countries, thanks to the harmonisation of FATS statistics with conventional international trade ones (trade recorded in the balances of payments -...
  N° 2008/04   21 Mar 2008 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-oecd-system-of-unit-labour-cost-and-related-indicators_243142116028
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The OECD System of Unit Labour Cost and Related Indicators
Richard McKenzie, David Brackfield
This paper outlines in detail the methodology and statistical processes used for compiling the outputs of the OECD System of Unit Labour Cost and Related Indicators. This new System has been developed by the OECD in response to concerns from the international community of economic analysts on...
  N° 2009/01   25 Feb 2009 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/do-financial-systems-converge-new-evidence-from-household-financial-assets-in-selected-oecd-countries_224175173554
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Do Financial Systems Converge?
Giuseppe Bruno, Riccardo De Bonis
Many authors underlined the convergence of financial structures towards a model which combines elements of the Anglo Saxon one, where markets prevail, with characteristics of the continental European systems, where intermediaries are predominant. The goal of this paper is to study financial...
  N° 2009/02   26 Feb 2009 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-final-financial-investment-of-french-households_224158323118
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The Final Financial Investment of French Households
Denis Marionnet
This study wants to spot and analyse the "final financial instruments" in which French households’ financial savings are invested by making transparent their intermediated investments with mutual funds and life insurance corporations. It attempts to identify where French households’ savings...
  N° 2009/03   23 Oct 2009 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/how-good-is-trust_220633873086
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How Good is Trust?
Adolfo Morrone, Noemi Tontoranelli, Giulia Ranuzzi
This paper investigates the notion and role of trust in modern societies as a first step towards the construction of indicators that could better inform our understanding of societal progress. Trust is commonly viewed as a proxy indicator of social capital, and a high level of trust is...
  N° 2010/01   25 Mar 2010 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/the-oecd-orbis-database_5kmhds8mzj8w-en
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The OECD ORBIS Database
Samuel Pinto Ribeiro, Stefano Menghinello, Koen De Backer
Firm-level micro-data have become increasingly important in OECD activities not only for econometric analysis that captures heterogeneity across enterprises but also in order to conduct different and more detailed types of data aggregation (e.g. by geographical unit, firm size, industry). This...
  N° 2010/02   28 Apr 2010 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/towards-measuring-the-volume-output-of-education-and-health-services_5kmd34g1zk9x-en
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Towards Measuring the Volume Output of Education and Health Services
Paul Schreyer
The measurement of volumes of health and education services constitutes a challenge for national accountants and price statisticians. In the past, such services have typically been measured by the inputs used to provide them but such an approach neglects any productivity changes in service...
  N° 2010/04   30 June 2010 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/indicators-of-societal-progress_5km4k7mq49jg-en
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Indicators of "Societal Progress"
Katherine Scrivens, Barbara Iasiello
This paper looks at different experiences in the development and use of societal progress indicator sets – at the European, national and sub-national level – with the aim of identifying useful lessons from these experiences. Five case studies are presented: the indicators used to support the EU...
  N° 2010/03   09 July 2010 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/comparing-price-levels-of-hospital-services-across-countries_5km4k7mrnnjb-en
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Comparing Price Levels of Hospital Services Across Countries
Health services account for a large and increasing share of production and expenditure in OECD countries but there are also noticeable differences between countries in expenditure per capita. Whether such differences are due to more services consumed in some countries than in others or whether...
  N° 2010/05   12 July 2010 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-framework-to-measure-the-progress-of-societies_5km4k7mnrkzw-en
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A Framework to Measure the Progress of Societies
Jon Hall, Enrico Giovannini, Adolfo Morrone, Giulia Ranuzzi
Over the last three decades, a number of frameworks have been developed to promote and measure well-being, quality of life, human development and sustainable development. Some frameworks use a conceptual approach while others employ a consultative approach, and different initiatives to...
  N° 2010/06   17 Nov 2010 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/developing-societal-progress-indicators_5kghzxp6k7g0-en
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Developing Societal Progress Indicators
Dennis Trewin, Jon Hall
There is a broad recognition that the development of cross-cutting, high-quality, shared, and accessible information about a society’s progress is crucial to ensure that decision-making is simultaneously responsive and responsible at all levels. There is no single correct way to manage a...
  N° 2011/01   04 Feb 2011 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/hedonic-price-indexes-for-housing_5kghzxpt6g6f-en
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Hedonic Price Indexes for Housing
Robert Hill
Every house is different. It is important that house price indexes take account of these quality differences. Hedonic methods which express house prices as a function of a vector of characteristics (such as number of bedrooms and bathrooms, land area and location) are particularly useful for...
  N° 2011/02   23 Feb 2011 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/a-multiplicative-masking-method-for-preserving-the-skewness-of-the-original-micro-records_5kgg95pb2tbr-en
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A Multiplicative Masking Method for Preserving the Skewness of the Original Micro-records
Nicolas Ruiz
Masking methods for the safe dissemination of microdata consist of distorting the original data while preserving a pre-defined set of statistical properties in the microdata. For continuous variables, available methodologies rely essentially on matrix masking and in particular on adding noise...
  N° 2011/04   27 May 2011 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/cycle-extraction-a-comparison-of-the-phase-average-trend-method-the-hodrick-prescott-and-christiano-fitzgerald-filters_5kg9srt7f8g0-en
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Cycle Extraction: A Comparison of the Phase-Average Trend Method, the Hodrick-Prescott and Christiano-Fitzgerald Filters
Ronny Nilsson, Gyorgy Gyomai
This paper reports on revision properties of different de-trending and smoothing methods (cycle estimation methods), including PAT with MCD smoothing, a double Hodrick-Prescott (HP) filter and the Christiano-Fitzgerald (CF) filter. The different cycle estimation methods are rated on their...
  N° 2011/06   10 Oct 2011 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/measuring-the-stock-of-human-capital-for-comparative-analysis_5kg3h0jnn9r5-en
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Measuring the Stock of Human Capital for Comparative Analysis
Gang Liu
This paper summarizes the outcomes of the first phase of the OECD human capital project. In so doing, it shows the feasibility of applying the lifetime income approach to measuring human capital for comparative analysis, both across countries and over time. It also highlights the feasibility of...
  N° 2011/03   13 Oct 2011 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/working-party-on-financial-statistics_5kg3h0jssnq6-en
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Working Party on Financial Statistics: Proceedings of the Workshop on Securitisation
Michèle Chavoix-Mannato
This Statistics Working Paper includes the documents that were presented during the various sessions of the Workshop on Securitisation, held in Madrid on 27-28 May 2010, as well as summaries at the beginning of each section. The Workshop brought together regular members of the Working Party on...
  N° 2011/07   14 Oct 2011 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/incorporating-estimates-of-household-production-of-non-market-services-into-international-comparisons-of-material-well-being_5kg3h0jgk87g-en
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Incorporating Estimates of Household Production of Non-Market Services into International Comparisons of Material Well-Being
Nadim Ahmad, Seung-Hee Koh
This paper reports on work undertaken within the Statistics Directorate to measure the value of household production of non-market services, in order to better compare material well-being across countries. The work is being conducted under the aegis of the National Accounts Working Party and as...
  N° 2011/05   10 Nov 2011 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/measuring-the-joint-distribution-of-household-s-income-consumption-and-wealth-using-nested-atkinson-measures_5k9cr2xxh4nq-en
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Measuring the Joint Distribution of Household's Income, Consumption and Wealth Using Nested Atkinson Measures
Nicolas Ruiz
Following recommendations from the Stiglitz-Sen-Fitoussi Commission (2009), this paper proposes the use of a new methodology to measure the joint distribution of households. income, consumption and wealth. Based on a multidimensional extension of the Atkinson generalized mean framework, the...
  N° 2011/08   21 Nov 2011 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/linking-policies-to-well-being-outcomes-through-micro-simulation_5kg1zq0qwmf1-en
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Linking Policies to Well-Being Outcomes Through Micro-Simulation
Michael Wolfson
A major challenge in the measurement of well-being and progress is to link indicators of high-level societal outcomes with specific policy interventions. This is important not only for better informing the public, but also to provide the means for policy makers and advisors to assess the...
  N° 2011/09   22 Nov 2011 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/new-understanding-and-insights-from-time-series-data-based-on-two-generic-measures_5kg1zpzzl1tg-en
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New Understanding and Insights from Time-Series Data Based on Two Generic Measures
Pavle Sicherl
Time distance is an innovative approach for looking at time-series data. Expressed in time units, the approach is easy to understand and provides a useful complement to existing methods. The time distance approach compares time series in the horizontal dimension, i.e. for a given level of the...
  N° 2012/01   31 Jan 2012 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/exploring-determinants-of-subjective-wellbeing-in-oecd-countries_5k9ffc6p1rvb-en
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Exploring Determinants of Subjective Wellbeing in OECD Countries
Sarah Fleche, Conal Smith, Piritta Sorsa
The paper explores issues with assessing wellbeing in OECD countries based on self-reported life satisfaction surveys in a pooled regression over time and countries, at the country level and the OECD average. The results, which are in line with previous studies of subjective wellbeing, show...
  N° 2012/02   13 Apr 2012 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/measuring-the-evolution-of-korea-s-material-living-standards-1980-2010_5k9bdcd29b5d-en
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Measuring the Evolution of Korea's Material Living Standards 1980-2010
Based on a production-theoretic framework, we measure the effects of real output prices, primary inputs, multi-factor productivity growth, and depreciation on Korea’s real net income growth over the past 30 years. The empirical analysis is based on a new dataset for Korea with detailed...
  N° 2012/03   21 May 2012 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/what-makes-for-a-better-life_5k9b9ltjm937-en
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What Makes for a Better Life?
Romina Boarini, Margherita Comola, Conal Smith, Robert Manchin, Femke de Keulenaer
This paper uses data from the Gallup World Poll to explore the determinants of subjective well-being. The paper builds on the existing literature on the determinants of subjective well-being in three areas. First, the paper systematically examines the drivers of measures of affect as well as...
  N° 2012/04   23 Nov 2012 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/approaches-to-measuring-the-stock-of-human-capital_5k8zlm5bc3ns-en
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Approaches to Measuring the Stock of Human Capital
Romina Boarini, Marco Mira d'Ercole, Gang Liu
The paper reviews some national initiatives related to measuring the stock of human capital, indentifies some challenges to be addressed to improve the quality of existing monetary measures of human capital, and suggests developing experimental satellite accounts for education to better...
  N° 2012/05   31 Dec 2012 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/oecd-composite-leading-indicators-for-g7-countries_5k4dhnzw8xr3-en
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OECD Composite Leading Indicators for G7 Countries
Gyorgy Gyomai, Marc Wildi
We estimate the business-cycles of G7 countries, as defined by an ideal 2-10 year bandpass filter applied to country-specific GDP target series (GDP-BP). Since this target series cannot be observed in real-time, due to the symmetry of the bandpass filter, we analyze and compare the leading...
  N° 2013/02   28 Mar 2013 Click to Access: 
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  • http://www.keepeek.com/Digital-Asset-Management/oecd/economics/human-capital-tangible-wealth-and-the-intangible-capital-residual_5k4840h633f7-en
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Human Capital, Tangible Wealth, and the Intangible Capital Residual
Kirk Hamilton, Gang Liu
Since income is the return on wealth, the total wealth of any given country should be on the order of 20 times its GDP. Instead the average observed ratio from the balance sheet accounts of the System of National Accounts (SNA) is a factor of 2.6 to 6.6, depending on whether natural resource...
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