Griffith, Rachel; Leibtag, Ephraim; Leicester, Andrew; … - 2008
the implications of consumers'; timing and quantity decisions have on standard practices of computing a price index. We … timing and quantity decisions, when computing a price index, can generate biases on the order of magnitude of substitution … Consumer Purchases and the
Consumer Price Index
*
By
Rachel Griffith, Ephraim Leibtag, Andrew Leicester, and Aviv …