Economist have noted for decades that Consumer Price Index (CPI) in the developed countries is overstating inflation by … indices, a 11-23% positive bias in price index for PC in Russia was also calculated. We also have found that Russian CPI could …

behaviour is more in accordance to what the theory claims. However, they still lack the ability to help forecasting inflation …

Economists have been noting for decades that Consumer Price Index (CPI) in the developed countries is overstating …−44% upward bias in price index for PC in Russia was also calculated. We have found that the Russian CPI could be upward biased by …

Stochastic approach to index number (and its change) has recently attracted renewed attention of researchers as it … provides the standard error of index number (and its change). One of the most important uses of index number is in the case of …

Stochastic approach to index number (and its change) has recently attracted renewed attention of researchers as it … provides the standard error of index number (and its change). One of the most important uses of index number is in the case of …

results very similar to the traditional matching models approach, particularly when models included in price index sample are … replenished frequently. This paper briefly surveys the economic theory behind hedonic and traditional quality adjustment methods … with the assumptions and practices embodied in compiling the harmonised index of consumer prices for European countries. …

Laspeyres price index to a covariance between price and quantity relatives. The generalized theorem is used to demonstrate a … number of interesting special applications. It turns out that some known relationships between two index functions can be …

of price index compilers. First of all, researchers and analysts are moving their attention from aggregate price dynamics …