Introduction of the Chain Fisher Measure of Real GDP
Introduction of the Chain Fisher Measure of Real GDP
Introduction of the Chain Fisher Measure of Real GDP
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The New <strong>Measure</strong><br />
• The <strong>Fisher</strong> formula<br />
FV<br />
=<br />
∑<br />
∑<br />
p<br />
p<br />
t−1<br />
t−1<br />
q<br />
q<br />
t<br />
t−1<br />
×<br />
∑<br />
∑<br />
p q<br />
t<br />
t<br />
p q<br />
t<br />
t−1<br />
• chained each quarter
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