the measurement of capital services and connects it to the Jorgenson-Griliches (1967) paper on the "explanation of …

the commonly-used dissimilarity index is .42. Using detailed data on friendship networks, available in the National … segregation index satisfies our three axioms, and the two aims mentioned above; which we coin the Spectral Segregation Index. We … apply the index to two well-studied social phenomena: residential and school segregation. We calculate the extent of …

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 …

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 …

We review in considerable detail the conceptual and measurement issues that underlie construction of medical care price … 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 …

Researchers constructing index number frequently face the problem of new (or disappearing) goods, for which the price … and quantity are not available in some periods. In theory, the correct way to handle a new good is to treat its price … that the corresponding price index takes on a very sensible form. We apply this formula to measure the price index for six …

economics to build a Törnqvist inflation index for Japan between 1989 and 2010. Our comparison of this true inflation index with ….S. PCE Deflator methodology is superior to the Japanese CPI methodology but still exhibits substantial measurement error and …