The Impact of Reduced Inflation Estimates on Real Output and Productivity Growth

6 Pages Posted: 28 Jun 2007

Abstract

Despite posting their strongest sustained performance in many years, recent measures of output and productivity growth have still fallen short of their 1960-73 averages. Could data-measurement problems affecting the pricing of some services account for the inability of these widely tracked U.S. growth indexes to match their earlier rates?

Keywords: inflation, productivity, price measurement, economic data

JEL Classification: E31, O47

Suggested Citation

Steindel, Charles, The Impact of Reduced Inflation Estimates on Real Output and Productivity Growth. Current Issues in Economics and Finance Vol. 5, No. 9, June 1999, Available at SSRN: https://ssrn.com/abstract=996695

Charles Steindel (Contact Author)

Federal Reserve Bank of New York ( email )

33 Liberty Street
New York, NY 10045
United States