Search: SOEs

Sort by: Relevance Date
1–10 of 11 collapsed search results for SOEs

RBA Glossary definition for SOEs

SOEs – state owned enterprises

Search Results

Econometric Perspectives on Economic Measurement

26 Jul 2018 RDP 2018-08
Adam Gorajek
This new perspective updates the so-called stochastic approach to choosing index functions.
https://www.rba.gov.au/publications/rdp/2018/2018-08.html

Econometric Perspectives on Economic Measurement

1 Jul 2018 RDP 2018-08
Adam Gorajek
So the approach becomes a more complete tool for choosing among the different function types. ... The right panel shows that the change could arise from something so common as heteroskedasticity.
https://www.rba.gov.au/publications/rdp/2018/2018-08/full.html

Appendix D: Some Choices of f (x), {Utv}, and {quality tv} are Always Equivalent

26 Jul 2018 RDP 2018-08
Adam Gorajek
Then. So choosing any function f () is always equivalent to choosing any of its affine transformations A B(f ()). Now let. , where C and D are strictly positive scalars. ... The identity in Equation (11) becomes. So for {U. tv. }, changes to the
https://www.rba.gov.au/publications/rdp/2018/2018-08/appendix-d.html

Conclusion

26 Jul 2018 RDP 2018-08
Adam Gorajek
In the field of economic measurement it is common to model prices from macro perspectives, so units of equal interest come up a lot. ... Hence it is more defensible and conceptual than the so-called stochastic approaches that preceeded it.
https://www.rba.gov.au/publications/rdp/2018/2018-08/conclusion.html

Appendix B: Loosening Strict Error Exogeneity Introduces Another Avenue for Weights to Generate Inconsistency

26 Jul 2018 RDP 2018-08
Adam Gorajek
So there is no inconsistency. But without strict error exogeneity, Equation (B3) does not follow from Equation (B2).
https://www.rba.gov.au/publications/rdp/2018/2018-08/appendix-b.html

The New Framework Challenges Some Practices

26 Jul 2018 RDP 2018-08
Adam Gorajek
The Diewert Model is also semi-log, so the same applies. The proposed bias-corrected estimator is. ... So practitioners looking to generalise an index function to a dynamic population must choose just one combination.
https://www.rba.gov.au/publications/rdp/2018/2018-08/the-new-framework-challenges-some-practices.html

Introduction

26 Jul 2018 RDP 2018-08
Adam Gorajek
So the approach becomes a more complete tool for choosing among the different function types. ... The paper highlights three examples, by challenging: the use of a bias correction from Goldberger (1968); the widespread reliance on so-called unit values;
https://www.rba.gov.au/publications/rdp/2018/2018-08/introduction.html

Appendix F: The Method of Moments Makes Sensible Multilateral Index Functions

26 Jul 2018 RDP 2018-08
Adam Gorajek
RDP 2018-08: Econometric Perspectives on Economic Measurement Appendix F: The Method of Moments Makes Sensible Multilateral Index Functions. Adam Gorajek. July 2018. Download the Paper 1,726. KB. Consider a model consisting of assumptions A1 to A4.
https://www.rba.gov.au/publications/rdp/2018/2018-08/appendix-f.html

Appendix C: The Model of Voltaire and Stack (1980) Equates to The Diewert Model, under Restrictive Conditions Only

26 Jul 2018 RDP 2018-08
Adam Gorajek
The authors do not justify the relevance of the dependant variable, so it is unclear why the coefficients are interesting.
https://www.rba.gov.au/publications/rdp/2018/2018-08/appendix-c.html

The Standard Model Needs Changing

26 Jul 2018 RDP 2018-08
Adam Gorajek
Time applications are often bilateral, so T = 2. Successive. are then combined to form a longer time series. ... The right panel shows that the change could arise from something so common as heteroskedasticity.
https://www.rba.gov.au/publications/rdp/2018/2018-08/the-standard-model-needs-changing.html