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Measurement bias in the HICP: what do we know, and what do we need to know?

Wynne, Mark A.; Rodriguez-Palenzuela, Diego - 2002

The Harmonized Index Of Consumer Prices (HICP) is the primary measure of inflation in the euro area, and plays a … stability as prevailing at some positive measured inflation rate is the possibility that the HICP as published incorporates … area. The purpose of this paper is to review what is known about the scope of measurement error in the HICP. We conclude …

Persistent link: https://www.econbiz.de/10011604177

The accuracy of forecasts made for the structure of consumer basket: A comparative analysis between euro area and Romania

Bratu Simionescu, Mihaela - In: Revista de Métodos Cuantitativos para la Economía y … 15 (2013), pp. 87-100

Persistent link: https://www.econbiz.de/10011307184

Alternative Measures of Price Inflation and the Perception of Real Income in Germany

Israel, Karl-Friedrich; Schnabl, Gunther - 2020

Since the 1980s inflationary pressures seem to materialize overproportionately outside of the sectors of consumer goods and services. We combine the Harmonized Index of Consumer Prices with indices for asset prices, such as stocks and real estate, as well as the costs of public goods to develop...

Persistent link: https://www.econbiz.de/10012314870

Harmonized Indexes of Consumer Prices: Their Conceptual Foundations

Diewert, W. Erwin - In: Swiss Journal of Economics and Statistics (SJES) 138 (2002) IV, pp. 547-637

The Harmonized Index of Consumer Prices (HICP) is the single most important indicator of inflation used by the European … methodology of the HICP in the light of the previous sections. Section 7 looks at some of the difficult measurement problems that … must be addressed in a CPI or an HICP. These problems include the treatment of quality change, substitution or …

Persistent link: https://www.econbiz.de/10005427511

Differences Between Harmonized Indices of Consumer Prices and Consumer Price Indices in Selected Countries

Milecová, Zuzana - In: Economic Analysis 43 (2010), pp. 70-82

The aim of the paper is to analyse the differences between the harmonized indices of consumer prices and the national consumer price indices on the theoretical as well as on the practical levels. We are dealing with defining the differences between the indices not only in the euro area and in...

Persistent link: https://www.econbiz.de/10010969047

Failing Institutions Are at the Core of the Euro Crisis

Shachmurove, Yochanan; Nowak, Alojzy Z. - Department of Economics, University of Pennsylvania - 2012

The European Union was created to promote economic, cultural, and regional prosperity. However, the Global Financial Crisis demonstrates that its economic institutions are flawed. While each sovereign state in the Eurozone forfeits the control of its money supply, the lack of a common fiscal...

Persistent link: https://www.econbiz.de/10010584462

Noise fuzzy clustering of time series by autoregressive metric

Pierpaolo D’Urso; Giovanni, Livia; Massari, Riccardo; … - In: METRON 71 (2013) 3, pp. 217-243

We propose a robust fuzzy clustering model for classifying time series, considering the autoregressive metric based. In particular, we suggest a clustering procedure which: 1) considers an autoregressive parameterization of the time series, capable of representing a large class of time series;...

Persistent link: https://www.econbiz.de/10011000654

Construction harmonized index of consumption prices: the HICP for the Netherlands

Wit, J.N.M. - de Nederlandsche Bank - 1998

The harmonized index of consumer prices allows for inflation comparisons between European countries. This report shows how backdata for this index and its subindices were constructed for the Netherlands.

Persistent link: https://www.econbiz.de/10005106707

A LINIAR MODEL OF ANALYZING INFLATION IN ROMANIA, BULGARIA, TURKEY AND CROATIA

Daniela, Zapodeanu; Natalia, Gavris; Roxana, Leac Dafina; … - In: Annals of Faculty of Economics 1 (2011) 2, pp. 445-451

: Harmonized Index of Consumer Prices (HICP), Gross Domestic Product (GDP) and unemployment (Unempl). The purpose of this study is … previous HICP, while the values of inflation in the other two countries are affected by more diverse range of independent …

Persistent link: https://www.econbiz.de/10009650795

Comparison between CPI and HICP in Romania

Monica, Damian - In: Ovidius University Annals, Economic Sciences Series X (2010) 1, pp. 1538-1544

Statistics calculates every month the consumer price index (CPI) and the harmonized index of consumer prices (HICP),dates which …

Persistent link: https://www.econbiz.de/10008854997