A preliminary analysis of the differences between AWE and the AEI

Harry Duff
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Harry Duff: Office for National Statistics

Economic & Labour Market Review, 2007, vol. 1, issue 9, 48-56

Abstract: Sets out the background to the AWE/AEI reconciliation project, differentiating between thetwo measures, and presents preliminary results.This article presents the preliminary results of the AEI/AWE reconciliation project, a project which seeks to reconcile themovements in the two main measures of short-term earnings growth – the Average Earnings Index (AEI) and Average WeeklyEarnings (AWE).The article sets out the background to the project, describes the two measures and explains the main differencesbetween them. It then presents the preliminary results of the reconciliation project. Each of the main methodologicaldifferences between the two measures is shown to contribute significantly to the differences between the two series. Thearticle concludes by discussing which of the two measures might be better and then summarises the work that is in handto move AWE to National Statistic status. Economic & Labour Market Review (2007) [1], 48–56; doi:10.1057/palgrave.elmr.1410139

Date: 2007
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