Do Real-Output and Real-Wage Measures Capture Reality? The History of Lighting Suggests Not

Nordhaus, William D

Do Real-Output and Real-Wage Measures Capture Reality? The History of Lighting Suggests Not

William D. Nordhaus

Chapter in NBER book The Economics of New Goods (1997), Timothy F. Bresnahan and Robert J. Gordon, editors (p. 27 - 70)
Published in January 1996 by University of Chicago Press
© 1997 by the National Bureau of Economic Research
in NBER Book Series Studies in Income and Wealth

(572 K)

This paper is available as PDF (572 K) or via email.

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Do Real-Output and Real-Wage Measures Capture Reality? The History of Lighting Suggests Not

William D. Nordhaus

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