Showing 1 - 10 of 26,441
We assess the role of measurement error in minimum wage evaluations when the treatment variable - the bite - is … measurement error derived from a record linkage of survey wages and administrative data. On the individual-level treatment effects … level does not fully alleviate the bias. In fact, the magnitude and direction of the bias depend on the size of the …
Persistent link: https://www.econbiz.de/10012199458
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
Persistent link: https://www.econbiz.de/10015332527
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
It is well known that people’s consumption patterns change with income. Relative price changes therefore affect rich and poor consumers differently. Yet, the standard price indices are not income-specific and hence, the use of these mask these differences in cost-of-living. In this paper, we...
Persistent link: https://www.econbiz.de/10011421580
, and consequently, lack ability to handle measurement errors in the data. This paper extends and generalizes existing … procedures that account for measurement errors in revealed preference tests. In particular, it introduces a very efficient method … both classical and Berkson measurement errors models …
Persistent link: https://www.econbiz.de/10013050895
, and consequently, lack ability to handle measurement errors in the data. This paper extends and generalizes existing … procedures that account for measurement errors in revealed preference tests. In particular, it introduces a very efficient method … both classical and Berkson measurement errors models. …
Persistent link: https://www.econbiz.de/10010206706
We compile data for 186 countries (1919 - 2016) and apply different aggregation methods to create new democracy indices. We observe that most of the available aggregation techniques produce indices that are often too favorable for autocratic regimes and too unfavorable for democratic regimes....
Persistent link: https://www.econbiz.de/10011966711
The paper presents a general theory of the aggregation of prices and quantities that unifies the field and relates topics that in the past have been treated separately and unsatisfactorily, or not at all. The theory does without the common but unrealistic assumptions of homotheticity, or...
Persistent link: https://www.econbiz.de/10014076165
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