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2017 to shed light on how online inflation compares to overall inflation, and to gauge the magnitude of new product bias … online. The Adobe data contain transaction prices and quantities purchased. We estimate that online inflation was about 1 … online, implies roughly 2 percentage points lower inflation than in a matched model/CPI-style index …
Persistent link: https://www.econbiz.de/10012917505
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2017 to shed light on how online inflation compares to overall inflation, and to gauge the magnitude of new product bias … online. The Adobe data contain transaction prices and quantities purchased. We estimate that online inflation was about 1 … online, implies roughly 2 percentage points lower inflation than in a matched model/CPI-style index …
Persistent link: https://www.econbiz.de/10012453070
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-to-consumer ecommerce for prices and inflation in the euro area. It highlights three key results. First, whether online prices and inflation …. Moreover, properly selected online prices track official inflation indices even in real time. Second, the effect of e …-commerce on inflation appears to be transient and differs between countries. However, as the penetration of some markets is still …
Persistent link: https://www.econbiz.de/10014316098
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This paper examines the evolution the internet sector's economic contribution and offers more insight into the nature …, the report provides a summary of key economic estimates for the internet sector along with national comparators …
Persistent link: https://www.econbiz.de/10012861946
Consumer Price Index. We find that online price indices anticipate changes in official inflation trends more than one month in … only predict the contemporaneous inflation rate. Our baseline specification also outperforms statistical benchmark … States. Similarly, our quarterly forecast for the US inflation rate consistently outperforms the Survey of Professional …
Persistent link: https://www.econbiz.de/10012969913