Similar Search Results

Inflation Bias after the Euro : Evidence from the UK and Italy

Marini, Giancarlo; Piergallini, Alessandro; … - 2010

This paper presents an indirect approach to investigate the possible existence of measurement error bias in the … bias in the UK, nor for Italy prior to the introduction of the Euro. Since January 2002, however, the inflation rate in …

Persistent link: https://www.econbiz.de/10014069180

Quantifying bias and inaccuracy of upper-level aggregation in HICPs for Germany and the euro area

Herzberg, Julika; Knetsch, Thomas A.; Schwind, Patrick; … - 2021

Current HICP measurement practices produce an upward bias of about one-ninth of a percentage point in German inflation … the euro area HICP. The measurement of the German HICP is impaired by the extrapolation of expenditure weights, and the …

Persistent link: https://www.econbiz.de/10012489562

Measurement errors in the consumer price index : perspectives on numerical targets for price stability in major economies

Kobayashi, Satoshi; Shinohara, Takeshi; Shiratsuka, … - 2024

Persistent link: https://www.econbiz.de/10015332527

Measuring inflation in the EU in times of COVID-19

Lamboray, Claude; Evangelista, Rui; Konijn, Paul - In: Eurostat review on national accounts and macroeconomic … (2020), pp. 35-51

The COVID-19 crisis had a major impact on the measurement of inflation around the world, as price observation in shops …

Persistent link: https://www.econbiz.de/10012429644

Inflation Measurement in Greece

Karabalis, Nikos; Kondelis, E. - 2022

Consumer price indices reflect changes through time in the prices of goods and services that are bought by households for the satisfaction of their consumption needs. In Greece, there are two different indicators of inflation issued by the National Statistical Service of Greece. The Consumer...

Persistent link: https://www.econbiz.de/10014080433

Estimating the impact of quality adjustment on consumer price inflation

Menz, Jan-Oliver; Wieland, Elisabeth; Mehrhoff, Jens - 2023

How much does quality adjustment matter in measuring consumer price inflation? To address this question, we use different sources of micro and macro price data for Germany and the euro area. For Germany, we find that quality adjustment applies to a large range of goods and services but, on...

Persistent link: https://www.econbiz.de/10013547956

Prices over the Product Life Cycle : Implications for Quality-Adjustment and the Measurement of Inflation

Melser, Daniel - 2013

introduces a systematic bias in the measurement of inflation. For our data we find that the life cycle bias underestimates the … this has on the measurement of inflation. Using a large US scanner data set on supermarket products and applying flexible … measurement of inflation by around 0.30 percentage points each year …

Persistent link: https://www.econbiz.de/10013074551

Price Discounts and the Measurement of Inflation

Fox, Kevin J. - 2014

under-weighted, but the under-weighting remains fairly stable over time so that inflation measurement is not signi ficantly …

Persistent link: https://www.econbiz.de/10013059072

Measuring inflation during the Pandemic with the benefit of hindsight

Chowdhury, Aftab; Dixon, Huw - 2023

This study has adopted the actual household expenditure data from the national accountstoconstruct a true inflation rate (using the Fisher index) and found that the official inflationrateinthe 33 OECD countries was an overestimate of true inflation for 22 and underestimate in11countries in the...

Persistent link: https://www.econbiz.de/10014434661

HICP and national CPI in Germany : as similar as possible, as different as needed

Knetsch, Thomas A.; Popova, Dilyana; Schwind, Patrick - 2024

The Harmonised Index of Consumer Prices (HICP) co-exists with the national Consumer Price Index (CPI) as a key measure of inflation in Germany. Both indices are based on the same granular price data and uniform compilation methods at the lower levels of aggregation. However, differences arise at...

Persistent link: https://www.econbiz.de/10015141852