Statistics Working Paper N. 77, 2017/1 - We revisit the issue of how best to measure the labour and capital shares in OECD economies, distinguishing between production- and income-based perspectives. The former adopts a producer perspective with gross income as a reference: it uses a production function in a market setting.
Statistics Working Paper N. 76, 2016/10 - In 2011, an Expert Group was launched to carry out a feasibility study on the compilation of distributional measures of income, consumption and wealth across household groups consistent with national accounts data. This group developed a methodology on the basis of which first experimental results on income, consumption and savings according to income quintiles were compiled and published...
Statistics Working Paper N. 75, 2016/9 - This review makes a first step towards developing a system of well-being statistics. A data source that has been underutilised in assessing the multidimensionality of human well-being and the joint distribution of outcomes are General Social Surveys, which are run by the majority of national statistical agencies as part of their regular survey programme. Using the OECD well-being framework...
OECD Economics Department Working Papers, N. 1313 - This paper compares the short-term forecasting performance of state-of-the-art large-scale dynamic factor models (DFMs) and the small-scale bridge models routinely used at the OECD.
Statistics Working Paper N. 74, 2016/8 - After reviewing the main features of the statistics available in the Main Economic Indicators to inform policy makers, this paper discusses the performance of the Composite Leading Indicatirs (CLIs) during the Great Recession.This performance is assessed using both ex-post and real-time analyses.
Statistics Working Paper N. 73, 2016/7 - Recent years have seen a rapid emergence of new disruptive technologies with new forms of intermediation, service provision and consumption, with digitalisation being a common characteristic. These include new platforms that facilitate Peer-to-Peer transactions, such as AirBnB and Uber, new activities such as crowd sourcing,...
Statistics Working Paper N. 71, 2016/6 - Growth in household income has evolved differently from gross domestic product (GDP) in most OECD countries over the last eighteen years. Using the wealth of information available in the System of National Accounts, this paper provides an assessment of what may be driving this gap
Statistics Working Paper N. 72, 2016/5 - We compute a distribution-adjusted welfare measure that aggregates outcomes in three dimensions of well-being, namely income, employment and longevity. Aggregation weights reflect preferences of people on these dimensions. The welfare measure is calculated for 26 OECD countries and selected emerging economies, and covers about three decades.
Statistics Working Paper N. 70, 2016/4 - This paper investigates the extent to which unemployment and temporary work – two forms of labour market insecurity – affect different aspects of subjective well-being (i.e. life satisfaction, psychological well-being and satisfaction with partnership) among legally married and cohabiting couples in the United Kingdom.
Statistics Working Paper N. 69, 2016/3 - We build an indicator of individual subjective well-being in the United States based on Google Trends. The indicator is a combination of keyword groups that are endogenously identified to fit with the weekly time-series of subjective well-being measures disseminated by Gallup Analytics...