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Alternative strategies for aggregating prices in the CPI

Shapiro, Matthew D.; Wilcox, David W. - 1997

Persistent link: https://www.econbiz.de/10000624018

Alternative Strategies for Aggregating Prices in the CPI

Shapiro, Matthew D. - 1997

The Consumer Price Index does not take into account the fact that consumers alter the composition of their purchases in response to changes in relative prices. This substitution effect will cause the CPI to grow faster than the cost of living. This paper presents new estimates showing that this...

Persistent link: https://www.econbiz.de/10012472841

Alternative Strategies for Aggregating Prices in the CPI

Shapiro, Matthew D.; Wilcox, David W. - 2022

The Consumer Price Index does not take into account the fact that consumers alter the composition of their purchases in response to changes in relative prices. This substitution effect will cause the CPI to grow faster than the cost of living. This paper presents new estimates showing that this...

Persistent link: https://www.econbiz.de/10013322302

Alternative strategies for aggregating prices in the CPI

Shapiro, Matthew D.; Wilcox, David W. - In: Review / Federal Reserve Bank of St. Louis 79 (1997) 3, pp. 113-125

Persistent link: https://www.econbiz.de/10001336929

Costly capital reallocation and the effects of government spending

Ramey, Valerie A.; Shapiro, Matthew D. - In: Carnegie Rochester conference series on public policy : … 48 (1998), pp. 145-194

Persistent link: https://www.econbiz.de/10001507619

Costly capital reallocation and the effects of government spending : a comment

Eichenbaum, Martin S. - In: Carnegie Rochester conference series on public policy : … 48 (1998), pp. 195-209

Persistent link: https://www.econbiz.de/10001507621

Preference parameters and behavioral heterogeneity : an experimental approach in the health and retirement survey

Barsky, Robert B.; Kimball, Miles S.; Juster, Francis Thomas - 1995

Persistent link: https://www.econbiz.de/10000935352

Preference parameters and behavioral heterogeneity : an experimental approach in the health and retirement study

Barsky, Robert B.; Juster, Francis Thomas; Kimball, Miles S. - In: The quarterly journal of economics 112 (1997) 2, pp. 537-579

Persistent link: https://www.econbiz.de/10001336085

Productivity growth in the 1990s : technology, utilization, or adjustment?

Basu, Susanto; Fernald, John G.; Shapiro, Matthew D. - 2001

Persistent link: https://www.econbiz.de/10001594191

High-frequency substitution and the measurement of price indexes

Feenstra, Robert C.; Shapiro, Matthew D. - 2001

Persistent link: https://www.econbiz.de/10001565796

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