Measuring a Dynamic Price Index Using Consumption Data

We propose a new method of constructing a dynamic price index (DPI). Under standard assumptions, our DPI is as stable as the Consumer Price Index (CPI). In certain periods, the DPI differs sharply from the CPI. Copyright (c) 2010 The Ohio State University.

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Year of publication:	2010
Authors:	AOKI, SHUHEI ; KITAHARA, MINORU
Published in:	Journal of Money, Credit and Banking. - Blackwell Publishing. - Vol. 42.2010, 5, p. 959-964
Publisher:	Blackwell Publishing

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008680855