The BMI takes the sum of the inflation and unemployment rates, and adds to that the interest rate, plus (minus) the shortfall (surplus) between the actual and trend rate of GDP growth. In the late 2000s, Johns Hopkins economist Steve Hanke built upon Barro's misery index and began applying it to countries beyond the United States. His modified misery index is the sum of the interest, inflation, and unemployment rates, minus the year-over-year percent change in per-capita GDP growth.
The BMI takes the sum of the inflation and unemployment rates, and adds to that the interest rate, plus (minus) the shortfall (surplus) between the actual and trend rate of GDP growth.
det
Definite=Def|PronType=Art
the
The
DET
DT
nsubj
Number=Sing
BMI
BMI
PROPN
NNP
root
Mood=Ind|Number=Sing|Person=3|Tense=Pres|VerbForm=Fin
take
takes
VERB
VBZ
det
Definite=Def|PronType=Art
the
the
DET
DT
obj
Number=Sing
sum
sum
NOUN
NN
case
of
of
ADP
IN
det
Definite=Def|PronType=Art
the
the
DET
DT
compound
Number=Sing
inflation
inflation
NOUN
NN
cc
and
and
CCONJ
CC
conj
Number=Sing
unemployment
unemployment
NOUN
NN
nmod
Number=Plur
rate
rates
NOUN
NNS
punct
,
,
PUNCT
,
cc
and
and
CCONJ
CC
conj
Mood=Ind|Number=Sing|Person=3|Tense=Pres|VerbForm=Fin
add
adds
VERB
VBZ
case
to
to
ADP
IN
mark
that
that
SCONJ
IN
det
Definite=Def|PronType=Art
the
the
DET
DT
compound
Number=Sing
interest
interest
NOUN
NN
obj
Number=Sing
rate
rate
NOUN
NN
punct
,
,
PUNCT
,
cc
plus
plus
CCONJ
CC
punct
(
(
PUNCT
-LRB-
advmod
minus
minus
ADV
RB
punct
)
)
PUNCT
-RRB-
det
Definite=Def|PronType=Art
the
the
DET
DT
conj
Number=Sing
shortfall
shortfall
NOUN
NN
punct
(
(
PUNCT
-LRB-
appos
Number=Sing
surplus
surplus
NOUN
NN
punct
)
)
PUNCT
-RRB-
case
between
between
ADP
IN
det
Definite=Def|PronType=Art
the
the
DET
DT
amod
Degree=Pos
actual
actual
ADJ
JJ
cc
and
and
CCONJ
CC
conj
Number=Sing
trend
trend
NOUN
NN
nmod
Number=Sing
rate
rate
NOUN
NN
case
of
of
ADP
IN
compound
Number=Sing
gdp
GDP
NOUN
NN
nmod
Number=Sing
growth
growth
NOUN
NN
punct
.
.
PUNCT
.
In the late 2000s, Johns Hopkins economist Steve Hanke built upon Barro's misery index and began applying it to countries beyond the United States.
case
in
In
ADP
IN
det
Definite=Def|PronType=Art
the
the
DET
DT
amod
Degree=Pos
late
late
ADJ
JJ
obl
Number=Plur
2000s
2000s
NOUN
NNS
punct
,
,
PUNCT
,
compound
Number=Sing
Johns
Johns
PROPN
NNP
flat
Number=Sing
Hopkins
Hopkins
PROPN
NNP
compound
Number=Sing
economist
economist
NOUN
NN
nsubj
Number=Sing
Steve
Steve
PROPN
NNP
flat
Number=Sing
Hanke
Hanke
PROPN
NNP
root
Mood=Ind|Number=Sing|Person=3|Tense=Past|VerbForm=Fin
build
built
VERB
VBD
case
upon
upon
ADP
IN
nmod:poss
Number=Sing
Barro
Barro
PROPN
NNP
case
's
's
PART
POS
compound
Number=Sing
misery
misery
NOUN
NN
obl
Number=Sing
index
index
NOUN
NN
cc
and
and
CCONJ
CC
conj
Mood=Ind|Number=Sing|Person=3|Tense=Past|VerbForm=Fin
begin
began
VERB
VBD
xcomp
VerbForm=Ger
apply
applying
VERB
VBG
obj
Case=Acc|Gender=Neut|Number=Sing|Person=3|PronType=Prs
it
it
PRON
PRP
case
to
to
ADP
IN
obl
Number=Plur
country
countries
NOUN
NNS
case
beyond
beyond
ADP
IN
det
Definite=Def|PronType=Art
the
the
DET
DT
amod
Degree=Pos
United
United
ADJ
NNP
nmod
Number=Plur
State
States
PROPN
NNPS
punct
.
.
PUNCT
.
His modified misery index is the sum of the interest, inflation, and unemployment rates, minus the year-over-year percent change in per-capita GDP growth.
nmod:poss
Case=Gen|Gender=Masc|Number=Sing|Person=3|Poss=Yes|PronType=Prs
his
His
PRON
PRP$
amod
Tense=Past|VerbForm=Part
modify
modified
VERB
VBN
compound
Number=Sing
misery
misery
NOUN
NN
nsubj
Number=Sing
index
index
NOUN
NN
cop
Mood=Ind|Number=Sing|Person=3|Tense=Pres|VerbForm=Fin
be
is
AUX
VBZ
det
Definite=Def|PronType=Art
the
the
DET
DT
root
Number=Sing
sum
sum
NOUN
NN
case
of
of
ADP
IN
det
Definite=Def|PronType=Art
the
the
DET
DT
nmod
Number=Sing
interest
interest
NOUN
NN
punct
,
,
PUNCT
,
conj
Number=Sing
inflation
inflation
NOUN
NN
punct
,
,
PUNCT
,
cc
and
and
CCONJ
CC
compound
Number=Sing
unemployment
unemployment
NOUN
NN
conj
Number=Plur
rate
rates
NOUN
NNS
punct
,
,
PUNCT
,
cc
minus
minus
CCONJ
CC
det
Definite=Def|PronType=Art
the
the
DET
DT
compound
Number=Sing
year
year
NOUN
NN
punct
-
-
PUNCT
HYPH
case
over
over
ADP
IN
punct
-
-
PUNCT
HYPH
nmod
Number=Sing
year
year
NOUN
NN
compound
Number=Sing
percent
percent
NOUN
NN
conj
Number=Sing
change
change
NOUN
NN
case
in
in
ADP
IN
case
per
per
ADP
IN
punct
-
-
PUNCT
HYPH
compound
Number=Sing
capita
capita
NOUN
NN
compound
Number=Sing
gdp
GDP
NOUN
NN
nmod
Number=Sing
growth
growth
NOUN
NN
punct
.
.
PUNCT
.