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From the editor

From the editor Bus Econ (2017) 52:85–86 DOI 10.1057/s11369-017-0039-z Charles Steindel National Association for Business Economics 2017 Several pieces in this issue come from presentations given basically, to accept some of the claims made about the at NABE’s Economic Policy Conference in March. As has contributions from this sector, one would have to imagine been the case in past years, we’d like to thank the Peterson that aggregate GDP is truly around $3 trillion higher than G. Foundation for its grant to the NABE Foundation for the BEA reports, which seems highly implausible. The paper appearance of this material (and in advance for the addi- by David Byrne, Steven Oliner, and Daniel Sichel tional conference material slotted for July). addresses the issue through the lens of potential over- In the first piece, Claudio Borio of the Bank for Inter- statements of high-tech price inflation. They acknowledge national Settlements discusses two possible explanations the possibility that the statistics might be overstating high- for the sluggishness of the world economy: secular stag- tech inflation, and thus understating the growth of the high- nation (a fundamental slowdown of potential growth) and a tech sector. However, higher figures for real high-tech lingering drag from the financial http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Business Economics Springer Journals

From the editor

Business Economics , Volume 52 (2): 2 – Apr 1, 2017

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Publisher
Springer Journals
Copyright
2017 National Association for Business Economics
ISSN
0007-666X
eISSN
1554-432X
DOI
10.1057/s11369-017-0039-z
Publisher site
See Article on Publisher Site

Abstract

Bus Econ (2017) 52:85–86 DOI 10.1057/s11369-017-0039-z Charles Steindel National Association for Business Economics 2017 Several pieces in this issue come from presentations given basically, to accept some of the claims made about the at NABE’s Economic Policy Conference in March. As has contributions from this sector, one would have to imagine been the case in past years, we’d like to thank the Peterson that aggregate GDP is truly around $3 trillion higher than G. Foundation for its grant to the NABE Foundation for the BEA reports, which seems highly implausible. The paper appearance of this material (and in advance for the addi- by David Byrne, Steven Oliner, and Daniel Sichel tional conference material slotted for July). addresses the issue through the lens of potential over- In the first piece, Claudio Borio of the Bank for Inter- statements of high-tech price inflation. They acknowledge national Settlements discusses two possible explanations the possibility that the statistics might be overstating high- for the sluggishness of the world economy: secular stag- tech inflation, and thus understating the growth of the high- nation (a fundamental slowdown of potential growth) and a tech sector. However, higher figures for real high-tech lingering drag from the financial

Journal

Business EconomicsSpringer Journals

Published: Apr 1, 2017

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