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Search: subject:"CONSUMER PRICE INDEX"
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Price index
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1
High-Frequency Substitution and the Measurement of Price Indexes
Feenstra, Robert C.
;
Shapiro, Matthew D.
-
2022
This paper investigates the use of high-frequency scanner data to construct price indexes. In the presence of inventory behavior, purchases and consumption by individuals differ over time. Cost-of-living indexes can still be constructed using data on purchases. For weekly data on canned tuna,...
Persistent link: https://www.econbiz.de/10013322321
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2
A Reconsideration of Hedonic Price Indices with an Application to Pc's
Pakes, Ariel
-
2022
This paper provides a justification for hedonic price indices and details the properties of hedonic price functions. The analysis is done in a market setting in which a finite number of goods, each defined by its characteristics, interact. We note that proper hedonic indices can be constructed...
Persistent link: https://www.econbiz.de/10013323453
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3
Axiomatic and Economic Approaches to Elementary Price Indexes
Diewert, W. Erwin
-
2021
In a 1993 paper, Marshall Reinsdorf finds that the CPI components for food and gas were biased upward by about 2% and 1% per year respectively during the 1980s. He attributes this result to outlet substitution bias. The more recent paper by Reinsdorf and Moulton [1994] presents an alternative...
Persistent link: https://www.econbiz.de/10013311636
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4
A State Price Index
Fuchs, Victor R.
;
Michael, Robert T.
;
Scott, Sharon R.
-
2021
No cross-sectional
consumer
price
index
is currently available by state, and the BLS's cross-sectional "family budget …
Persistent link: https://www.econbiz.de/10013227528
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5
Generics and New Goods in Pharmaceutical Price Indexes
Griliches, Zvi
;
Cockburn, Iain M.
-
2021
We examine the issue of new goods and price indexes for the important and tractable case of generic and branded drugs. By treating generics as entirely distinct goods and "linking them in" to indexes with fixed weights, the standard price indexes fail to reflect the substantial welfare gains to...
Persistent link: https://www.econbiz.de/10013243636
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