Tagged: statistics

Policymaking when you don’t know where you are - The Dismal Science

Donal Curtin Mar 11, 2015

Last week the Reserve Bank published the latest in its Analytical Note series, 'The Reserve Bank’s method of estimating “potential output”' (pdf here). If you're into macroeconomics in general or monetary policy in particular, you probably don't need your hand held about what potential output, and the output gap, are, but in case it's passed you by, the Note … Read More

Stat Juking revisited - The Dismal Science

Eric Crampton Jul 16, 2014

I'd reckoned you'd need a bit of stats-fu to find evidence of police juking of the crime statistics. Turns out there was an easier way. Bevan Hurley reports that the Herald on Sunday got a copy of a report showing that Counties Manukau police had been fiddling the burglary numbers by recoding burglaries as less serious offences. About 700 burglaries … Read More