Do benchmark revisions affect the consumption-to-output and investment-to-output ratios in Germany?
The balanced growth and stochastic growth theory implies stable consumption-to-output and investment-to-output ratios. It is tested by cointegration techniques for three different German data vintages. Systems cointegration tests are helpful in revealing inconsistencies across vintages.... Full description
|1st Person:||Knetsch, Thomas A.|
|Additional Persons:||Reimers, Hans-Eggert|
|Source:||OECD Journal: Journal of Business Cycle Measurement and Analysis (),|
|Type of Publication:||Book|
Paris OECD Publishing 2010