misery index


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misery index

n.
The sum of national unemployment and inflation rates, used unofficially to assess a nation's economic health.
References in periodicals archive ?
Further, there is darkness at night, heat during the day and night, the misery index has risen exponentially and in the face of all this, all the Minister can do is blame the PLP (Progressive Liberal party) while the Prime Minister is busy shaking cowbells,' he added.
I also recall learning about the Misery Index. For those of you whose memories don't go back that far, this index is the sum of the unemployment rate and the inflation rate.
A cursory look at the rising level of poverty and inequality on one hand, and low ranking of the country in important indices as the Misery Index, or the Energy Transition on the other, will amply indicate that the storm that brings such revolutions could gather anytime here.
TWO recent global reports, the United Nation's (UN) report on world food security and crisis and the Steve Hanke misery index, both revealed the dismal state of affairs in Nigeria, saying that the country's citizens belong in the unenviable groups of the world's hungriest and most miserable people.
Today, this same country has by far the highest misery index score.
The annual study of 300 full-time physicians nationwide, called the physician misery index, showed dissatisfaction increased to a level of 3.94 out of 5, compared to 3.78 when the survey began in 2015.
Then I invoked a second dataset called the Misery Index. Sure enough, the fines over the last 8 years exactly followed those of the original chart.
To answer this question, I update my annual Misery Index measurements.
President Lyndon Johnson's Council of Economic Advisers, created the so-called misery index, which goes beyond headline GDP growth or the unemployment rate to provide insight into how the average citizen is faring economically.
Frey and Stutzer (2000) investigate the relationship between misery index and welfare.
The misery index is constructed and Johansen and Juselious test of co-integration is employed to check long run relationship among variables.
See also: PPACA tax misery index edges lower IRS: 2014 PPACA exchange users received $30 billion in subsidies