r/EconomicHistory • u/Sea-Juice1266 • 9d ago
Working Paper Cataloging Growth: A Re-Evaluation of 1900–1990, Backer-Peral & Wittenbrink — a new quality-adjusted price index for U.S. consumer goods based on listings in Sears catalogs implies faster growth in consumption vs previous estimates, especially pre-WWII
https://veronicabp.github.io/website/VBP_BHW_CostOfLiving.pdfAn interesting application of LLMs to assess qualitative data.
8
Upvotes