Search Results - subject:"superlative indexes"

Substitution bias in multilateral methods for CPI construction using scanner data

Diewert, Walter E.; Fox, Kevin J. - 2017

Persistent link: https://www.econbiz.de/10011631849

The Consumer Price Index: Recent Developments

Diewert, Erwin - Vancouver School of Economics - 2013

new developments which are reviewed in this paper. The CPI Manual recommended the use of chained superlative indexes for a …

Persistent link: https://www.econbiz.de/10011184339

The consumer price index : recent developments

Diewert, Walter E. - 2013

Persistent link: https://www.econbiz.de/10011383651

The Differential Approach to Superlative Index Number Theory

Barnett, William; Choi, Ki-Hong; Sinclair, Tara M. - Department of Economics, University of Kansas - 2012

Diewert’s (1976) “superlative” index numbers, defined to be exact for second order aggregator functions, unify index number theory with aggregation theory, but have been difficult to identify. We present a new approach to finding elements of this class. This new approach, related to that...

Persistent link: https://www.econbiz.de/10010568029

Exact and Superlative Price and Quantity Indicators

Diewert, Erwin; Mizobuchi, Hideyuki - Vancouver School of Economics - 2009

Price and quantity aggregates, index number theory, equivalent and compensating variations, exact and superlative indexes … 2 below where we will define strongly superlative indexes. Section 2 will also review the standard definitions for … exact and superlative indexes in the case of homothetic preferences. In section 3, we switch from the traditional …

Persistent link: https://www.econbiz.de/10004978051

Scanner Data, Time Aggregation and the Construction of Price Indexes

Diewert, Erwin; Fox, Kevin J.; Ivancic, Lorraine - Vancouver School of Economics - 2009

superlative indexes. Monthly and (in some cases even) quarterly time aggregation were found to be insufficient to eliminate … downward drift in superlative indexes. In order to eliminate chain drift, multilateral index number methods are adapted to …

Persistent link: https://www.econbiz.de/10008490569

Hedonic Imputation versus Time Dummy Hedonic Indexes (with a commentary by Jan de Haan)

Diewert, Erwin; Saeed, Heravi; Silver, Mick - Vancouver School of Economics - 2008

Statistical offices try to match item models when measuring inflation between two periods. However, for product areas with a high turnover of differentiated models, the use of hedonic indexes is more appropriate since they include the prices and quantities of unmatched new and old models. The...

Persistent link: https://www.econbiz.de/10004971057

The Differential Approach to Superlative Index Number Theory

Barnett, William A.; Choi, Ki-Hong; Sinclair, Tara M. - In: Journal of Agricultural and Applied Economics 35 (2003)

Diewertâ€™s â€œsuperlativeâ€ index numbers, defined to be exact for second-order aggregator functions, unify index number theory with aggregation theory but have been difficult to identify. We present a new approach to finding elements of this class. This new approach, related to...

Persistent link: https://www.econbiz.de/10005041405

Harmonized Indexes of Consumer Prices: Their Conceptual Foundations

Diewert, W. Erwin - In: Swiss Journal of Economics and Statistics (SJES) 138 (2002) IV, pp. 547-637

The Harmonized Index of Consumer Prices (HICP) is the single most important indicator of inflation used by the European Central Bank. Sections 2 to 4 of the paper look at the theory of inflation indexes that could be used as target indexes of inflation. A Consumer Price Index (CPI) emerges as...

Persistent link: https://www.econbiz.de/10005427511