incomplete pass-through, usually explained by pricing-to-market behaviour. Although economic theory predicts that incomplete pass …-cost to low-cost countries through a Törnqvist price index based measure of foreign prices. We show that this measure of …

Aggregation of international prices in empirical work is generally based on well known index number formulas. However … accommodate inflationary impulses and price level differences in a final index number. In the present note, we address this … change in international prices using the Törnqvist price index as the underlying index number formula. Herein, we suggest a …

The standard cost-of-living index hinges on the assumption that there is free trade. Applying it to situations where … trade barriers are present yields biased results with respect to a true cost-of-living index. Import price indices are … implicit trade barriers. In this article I generalise the cost-of-living index to also allow for barriers to trade in the form …

Statistics Norway has a long history of using scanner data in the Consumer Price Index (CPI). The early research - in … works well across different commodity groups including those with high item churn. A variety of methods and index formulas … empirical evidences, on which a plausible final choice of index method can be based. We shall illustrate the generic diagnostics …

relatively quickly. It is slower, but still considerable in the long-run forthe consumer price index and some of its sub …

The Human Development Index (HDI) published in the Human Development Report (HDR) of the United Nations Development … Program is calculated as a simple average of the Life Expectancy Index (LEI), the Education Index (EI) and the Gross Domestic … Product Index (GDPI). This paper provides statistical support for the use of this seemingly arbitrary equal weighting of the …