Documents de travail

  • 28-March-2013


    Human capital, tangible wealth, and the intangible capital residual

    Statistics Working Paper N. 51 - 2013/2 - 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 stocks are included in the balance sheet.

  • 26-March-2013


    More than the sum of their parts: valuing environmental quality by combining life satisfaction surveys and GIS data

    Statistics Working Paper N. 50 - 2013/1 - While environmental economics studies using stated life satisfaction data have been gaining attention, much of this body of work remains exploratory. In this study we contribute to this body of research by combining OECD data from 4 European countries on life satisfaction and perceptions of environmental quality to provide a broad picture of the environmental determinants of life satisfaction...

  • 21-January-2013


    OECD Composite Leading Indicators for G7 countries: a comparison of the Hodrick-Prescott filter and the Multivariate Direct Filter Approach

    Statistics Working Paper N. 49 - 2012/5 - 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). The paper shows that efficiency gains by the Multivariate Direct Filter Approach (MDFA)over HP are substantial along the full revision-sequence and they are consistent across countries as well as over time, when referenced against GDP-BP.

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