Robert Barro

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August 31, 2024 4 min read Definitions
Misery Index: Measuring Economic Performance and Social Cost
Economics Finance Economic Indicators Inflation Unemployment GDP Arthur Okun Robert Barro
An index that measures overall economic performance by adding the unemployment rate and inflation rate, reflecting economic and social costs. Introduced by Arthur Okun in the 1960s and later expanded by Robert Barro.
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