Gibson, John; Scobie, Grant - In: Applied Financial Economics 20 (2010) 17, pp. 1327-1335
The Consumer Price Index (CPI) bias for New Zealand is calculated by estimating the food Engel curves for demographically similar households with the same level of CPI-deflated incomes at different points in time. For the 17 years from 1984 to 2001 the bias in the New Zealand CPI as a...