Definitions
from the GNU version of the Collaborative International Dictionary of English.
- noun a statistical factor designed to remove the effect of inflation; inflation adjusted variables are in constant dollars.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun economics A
factor applied toeconomic statistics in order to counter the effect ofinflation
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- noun a statistical factor designed to remove the effect of inflation; inflation adjusted variables are in constant dollars
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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If the deflator is higher, then longevity is less valuable. if the deflator is zero, then we have parity - a 20% increase in lifespan, GDP constant is the same as a 20% increase in GDP, lifespan constant.
Health Care Economics, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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At the same time, inflation, as measured by a fixed-wage GDP deflator, which is a standard way of measuring overall inflation, was only 2.7 percent.
Press Briefing By Economic Advisors Chair Tyson ITY National Archives 1995
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The deflator is a complete work of fiction, so the actual GDP figure could be anything from -1% to +0.5%
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A deflator is a unit that is used to equalize dollars over a given period of time.
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Lest you think I've cherry picked an accidental one-time embarrassing statistical moment, here's a chart of the so-called GDP deflator, which is the specific measure of inflation that is subtracted from the nominal GDP to yield the reported real GDP.
LewRockwell.com 2010
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(There's something called the implicit price deflator which is a calculation using the two, but we'll spare you the details.)
FOXNews.com 2009
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(There's something called the implicit price deflator which is a calculation using the two, but we'll spare you the details.)
FOXNews.com 2009
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(There's something called the implicit price deflator which is a calculation using the two, but we'll spare you the details.)
FOXNews.com 2009
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(There's something called the implicit price deflator which is a calculation using the two, but we'll spare you the details.)
FOXNews.com 2009
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(There's something called the implicit price deflator which is a calculation using the two, but we'll spare you the details.)
FOXNews.com 2009
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