Is the ECI sensitive to the method of aggregation?
Research by economists at the U.S. Bureau of Labor Statistics suggests that the Employment Cost Index (ECI) is not especially sensitive to the system employed to construct it. The ECI, which is published quarterly, measures fluctuations in the cost of labor—defined as total compensation for each em...
| Publicado en: | Monthly Labor Review Vol. 120; pp. 3 - 12 |
|---|---|
| Autores principales: | , , |
| Formato: | Artículo |
| Publicado: |
US Department of Labor
June 1997
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=503373440&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 503373440 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00981818 MLR jtl: Monthly Labor Review issn: 00981818 maglogo: N pubinfo: dt: June 1997 vid: 120 pid: 1929 pub: US Department of Labor artinfo: ui: 503373440 ppf: 3 ppct: 9 formats: fmt: – @attributes: type: T – @attributes: type: P size: 564KB tig: atl: Is the ECI sensitive to the method of aggregation? aug: au: Lettau, Michael K. Loewenstein, Mark A. Cushner, Aaron su: Employment cost index Employee benefits sug: subj: Employment cost index Employee benefits ab: Research by economists at the U.S. Bureau of Labor Statistics suggests that the Employment Cost Index (ECI) is not especially sensitive to the system employed to construct it. The ECI, which is published quarterly, measures fluctuations in the cost of labor—defined as total compensation for each employee-hour worked. ECI wage and benefit indexes reached via geometric cell means generally have lower growth rates than those constructed using arithmetic means. In addition, although alterations in the price of labor can be the result of changes in demand, supply, or both, the standard interpretation implicitly assumes that only one of these factors is changing. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
|---|