constructing a state-specific Laspeyres price index using conveniently available information from the Census of Business and the …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 …

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 …

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 …

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 …

living. This paper develops a framework for studying measurement problems in the consumer price index and systematically …A number of analysts have claimed recently that the consumer price index overstates the annual increase in the cost of … show how better to measure medical care prices, the paper presents a prototypical price index for cataract surgery. This …