Showing 1 - 10 of 9,202
Persistent link: https://www.econbiz.de/10013480894
treatment, rather than prices of fixed bundles of inputs. We outline features of a proposed new experimental price index -- a … medical care expenditure price index -- that is more suitable for evaluation and analyses of medical care cost changes, than …
Persistent link: https://www.econbiz.de/10012471996
probability sampling of prices in 1978, the micro price quotations were aggregated together using an index number formula that … choice of an index number formula to aggregate prices at the finest level of disaggregation. This issue is examined from both …
Persistent link: https://www.econbiz.de/10012473782
No cross-sectional consumer price index is currently available by state, and the BLS's cross-sectional "family budget …" index for metropolitan areas is not well-suited for cross-state analyses. In this paper we propose an algorithm for … constructing a state-specific Laspeyres price index using conveniently available information from the Census of Business and the …
Persistent link: https://www.econbiz.de/10012478829
indices. Since the matched model index does not incorporate price changes for goods which exit, and the goods that exited tend … to be those goods whose prices fall, the matched model index has a selection problem which biases it upwards. The hedonic … index does not have this problem. We illustrate with a new study of price indices for PC's. The hedonic index shows steep …
Persistent link: https://www.econbiz.de/10012470000
. The theory demonstrates how to use the observed price dynamics to adjust prices for unobserved quality differences across …-adjusted index for semiconductor fabrication, and propose a general method for bounding the true constant-quality price index …
Persistent link: https://www.econbiz.de/10012459006
have real rates fallen? This note computes a measure of the "world" real interest rate and, where possible, a measure of … the implied future real rate. It also makes public our estimates of the "world" real interest rate so they can be used by …
Persistent link: https://www.econbiz.de/10012458777
divide nominal expenditures by an official government price index to decompose these expenditures into price and quantity … components. In this paper we construct a new price index for the treatment of one illness depression. Making use of results from … regardless of which index number procedure is employed time period the treatment price index for the acute phase of major …
Persistent link: https://www.econbiz.de/10012472014
In this paper we focus on alternative procedures for calculating and interpreting quality-adjusted price indexes for microcomputers, based on a variety of estimated hedonic price equations. Our data set comprises an unbalanced panel for 1265 model observations from 1982 to 1988, and includes...
Persistent link: https://www.econbiz.de/10012475655