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points. This was due to several measurement errors in the CPI. One of them is called quality change bias. We compare two … methods in this paper which can be used to correct for quality change bias, namely the hedonic method and a method based on …
Persistent link: https://www.econbiz.de/10013320213
Persistent link: https://www.econbiz.de/10012496801
Since the British government started using the Consumer Prices Index (CPI) for some uprating purposes in 2011, there has been a proliferation of consumer price indices in the UK – nine at the last count with some claim to apply to the population at large. Leaving to one side their possible use...
Persistent link: https://www.econbiz.de/10013031927
The COVID-19 Pandemic has led to changes in expenditure patterns that can introduce significant bias in the measurement …
Persistent link: https://www.econbiz.de/10014031898
, studies by several authors are used to estimate a cost of living index controlling for the CPI's substitution bias, consistent …
Persistent link: https://www.econbiz.de/10013152152
, as well as the Vartia quantum theory of bias in index numbers as applied to substitution bias in consumer price indices … sizable effect over the years. The absolute effect varies with the absolute size of annual inflation. Substitution bias in the …
Persistent link: https://www.econbiz.de/10013157852
measurement would provide price statisticians with better insights on the actual reach of data collection. This would be …
Persistent link: https://www.econbiz.de/10014260276
Aim/purpose - Web-scraping is a technique used to automatically extract data from websites. After the rise-up of online shopping, it allows the acquisition of information about prices of goods sold by retailers such as supermarkets or internet shops. This study examines the possibility of using...
Persistent link: https://www.econbiz.de/10013166658
Policy analysis frequently requires estimates of aggregate (or mean) consumer elasticities. However, estimates are often made incorrectly, based on elasticity calculations at mean income. We provide in this paper an overall integrated analytical framework that encompasses these biases and...
Persistent link: https://www.econbiz.de/10010498377
This paper provides a comparative analysis of statistical methods to evaluate the consumer perception about the quality of Services of General Interest. The evaluation of the service quality perceived by users is usually based on Customer Satisfaction Survey data and an ex-post evaluation is...
Persistent link: https://www.econbiz.de/10014218724