The Average Earnings Index
Bibliographic Data
| ID | 9714958 |
|---|---|
| Authors | Ray Chambers (University of Southampton), Martin Weale (0000-0002-2016-0437, National Institute of Economic and Social Research), Robin Youll (Office for National Statistics) |
| Year | 2000 |
| Volume | 110 |
| Issue | 461 |
| Pages | F100-F121 |
| Publication date | 2000-02-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/1468-0297.00509 |
| OpenAlex | W1969682139 |
| Language | EN |
| Citations received | 2 |
| References cited | 2 |
Survey data are widely used to provide indicators of economic activity ahead of the publication of official data. This paper proposes an indicator based on a theoretically consistent procedure or quantifying firm-level survey responses that are ordered and categorical. Firms' survey responses are assumed to be triggered by a latent continuous random variable as it crosses thresholds. Breaking tradition these thresholds are not assumed time invariant. An application to firm-level survey data from the Confederation of British Industry shows that the proposed indicator of manufacturing output growth outperforms traditional indicators that assume time-invariant thresholds
Earnings · Econometrics · Economics · Index (typography · Statistics · Accounting · Computer Science · Economic Growth and Productivity · Global trade and economics · Mathematics
| Unique citing works | 2 |
|---|---|
| Citations per year | 0,08 |
| Citation span | 2000 - 2002 (3) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |