How much does quality adjustment matter in measuring consumer price inflation? To address this question, we use … inflation only by 0.06 percentage points, which is balanced out by an increase due to quantity adjustment (e.g. a smaller … deriving the distribution of member states’ cumulative inflation rates for typical quality-adjusted products. Our macro …

possibilities and challenges in compiling a price index out of transaction data for flight package holidays. Our dataset comprises … unstructured text information, and weighting are addressed. Moreover, various index aggregation methods are analysed, which include … hedonic regressions, stratification, and also a multilateral index method. Applied to six major holiday destinations for …

systematically understated. The effect rests on overstated inflation estimates due to imputed prices for disappearing goods and …

. Previous literature has highlighted the role of an economy's "structure" - such as its inflation volatility, inflation rate …, forecasts predicting how a given exchange rate movement will impact inflation at a specific point in time should take into …

index number methods like the CPDmethod and the GEKS method are utilised for the aggregation of the price data into higher …-level indices. Although the two index number methods produce differing price level estimates when prices are missing, the present … the GEKS method. Using price data of Germany's Consumer Price Index, it can be observed that more narrowly defined …

) method to be biased. In cases where it is not, this index number method is still inefficient and inference is invalid. In … NLCPD method to regional price information derived from Germany’s consumer price index micro data. Price levels of the 401 …

, wages and inflation to monetary policy shocks becomes notably less pronounced. This attenuation reflects that hours worked … modification substantially lowers the effective stickiness of nominal wages, resulting in markedly different wage and inflation …

is measurement error in the narrative time series, another is a misspecification of the VAR model. …