Using Hedonic Methods For Quality Adjustment In The Cpi
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Using Hedonic Methods For Quality Adjustment In The Cpi
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Author : Mary Kokoski
language : en
Publisher: CreateSpace
Release Date : 2013-07-31
Using Hedonic Methods For Quality Adjustment In The Cpi written by Mary Kokoski and has been published by CreateSpace this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-07-31 with Reference categories.
There has been strong recommendation that the BLS explore the use of hedonic methods forquality adjustment in the Consumer Price Index (CPI) for decades. The Price Statistics ReviewCommittee (the Stigler Commission Report) in 1961 expressed the view that hedonic analysis would provide a “more objective” approach to addressing quality change than the BLS standard methods of dealing with this issue (Triplett (1990)). More recently, the Advisory Commission to Study theConsumer Price Index (the Boskin Commission Report, 1996) reiterated this recommendation,recognizing that accurate measures of quality change will enable a more accurate measure of pure price,or “cost-of-living” change. Categories of goods and services where quality changes are frequent andrelatively easy to identify are the best candidates for using hedonic methods, given that data can beacquired.
Using Hedonic Methods For Quality Adjustment In The Cpi
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Author : Mary Kokoski
language : en
Publisher:
Release Date : 2001
Using Hedonic Methods For Quality Adjustment In The Cpi written by Mary Kokoski and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with categories.
Handbook On Hedonic Indexes And Quality Adjustments In Price Indexes Special Application To Information Technology Products
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Author : Triplett Jack
language : en
Publisher: OECD Publishing
Release Date : 2006-09-21
Handbook On Hedonic Indexes And Quality Adjustments In Price Indexes Special Application To Information Technology Products written by Triplett Jack and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-09-21 with categories.
Price indexes can be constructed using a “hedonic method” that adjusts for changes in the quality of a product. This handbook sets out best practice for constructing hedonic indexes.
The Theory Of Hedonic Quality Measurement And Its Use In Price Indexes
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Author : Jack E. Triplett
language : en
Publisher:
Release Date : 1971
The Theory Of Hedonic Quality Measurement And Its Use In Price Indexes written by Jack E. Triplett and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1971 with Price indexes categories.
The Application Of Hedonic Methods In Quality Adjusted Price Indices
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Author : Anna Król
language : en
Publisher: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Release Date : 2020-06-01
The Application Of Hedonic Methods In Quality Adjusted Price Indices written by Anna Król and has been published by Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-06-01 with Business & Economics categories.
The measurement of price dynamics is by no means new endeavourin the official statistics but the process of establishing accurate price changes in time still remains challenging in many areas. One such demanding field is the application of appropriate techniques in price index development for providing amendments reflecting quality differences which might occur in the compared commodities. The book presents results of research on the applicability of hedonic methods in adjusting price indices to changes in the goods quality and test the techniques used for hedonic price indices construction using the data sets for various groups of heterogeneous goods, including used automobiles, appartments, household appliances and ICT goods.
Handbook On Hedonic Indexes And Quality Adjustments In Price Indexes Special Application To Information Technology Products
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Author : Triplett Jack
language : en
Publisher: OECD Publishing
Release Date : 2006-09-21
Handbook On Hedonic Indexes And Quality Adjustments In Price Indexes Special Application To Information Technology Products written by Triplett Jack and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-09-21 with categories.
Price indexes can be constructed using a “hedonic method” that adjusts for changes in the quality of a product. This handbook sets out best practice for constructing hedonic indexes.
Consumer Price Index Manual 2020
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Author : Brian Graf
language : en
Publisher: INTERNATIONAL MONETARY FUND
Release Date : 2020-11-19
Consumer Price Index Manual 2020 written by Brian Graf and has been published by INTERNATIONAL MONETARY FUND this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-19 with Business & Economics categories.
The Consumer Price Index Manual: Concepts and Methods contains comprehensive information and explanations on compiling a consumer price index (CPI). The Manual provides an overview of the methods and practices national statistical offices (NSOs) should consider when making decisions on how to deal with the various problems in the compilation of a CPI. The chapters cover many topics. They elaborate on the different practices currently in use, propose alternatives whenever possible, and discuss the advantages and disadvantages of each alternative. The primary purpose of the Manual is to assist countries in producing CPIs that reflect internationally recommended methods and practices.
A Practical Guide To Price Index And Hedonic Techniques
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Author : Ana M. Aizcorbe
language : en
Publisher: Practical Econometrics
Release Date : 2014
A Practical Guide To Price Index And Hedonic Techniques written by Ana M. Aizcorbe and has been published by Practical Econometrics this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Business & Economics categories.
This text introduces methods that are used to measure price trends for specific industries or goods, focusing on price index and hedonic techniques, the two methods most widely used by researchers and industry practitioners.
Price Index Concepts And Measurement
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Author : W. Erwin Diewert
language : en
Publisher: University of Chicago Press
Release Date : 2010-02-15
Price Index Concepts And Measurement written by W. Erwin Diewert and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-02-15 with Business & Economics categories.
Although inflation is much feared for its negative effects on the economy, how to measure it is a matter of considerable debate that has important implications for interest rates, monetary supply, and investment and spending decisions. Underlying many of these issues is the concept of the Cost-of-Living Index (COLI) and its controversial role as the methodological foundation for the Consumer Price Index (CPI). Price Index Concepts and Measurements brings together leading experts to address the many questions involved in conceptualizing and measuring inflation. They evaluate the accuracy of COLI, a Cost-of-Goods Index, and a variety of other methodological frameworks as the bases for consumer price construction.
What Has Happened To The Quality Of Life In The Advanced Industrialized Nations
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Author : Edward N. Wolff
language : en
Publisher: Edward Elgar Publishing
Release Date : 2004-01-01
What Has Happened To The Quality Of Life In The Advanced Industrialized Nations written by Edward N. Wolff and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-01-01 with Business & Economics categories.
Although per capita income in the United States outstripped that in other developed countries during the 1990s, it is questionable if the levels of welfare services that it provides to its citizens has kept pace. This study examines how the standard of living is measured.