indexes are defined and used to analyze several empirical methods of estimation of quality adjusted price indexes. The paper …

This paper uses index number theory to disentangle changes in aggregate retail interest rates due to changes in …"), on the basis of the "difference" index numbers recently revisited by Diewert (2005). The paper, first discusses the … optimal calculation of a binary index using axiomatic index number theory; on that basis, chain and direct indices are …

credit-to-GDP levels. We use estimation results obtained for a panel of small open OECD economies (out-of-sample panel) to …

We provide evidence on the effect of elementary index choice on inflation measurement. Using scanner data for 15844 … indexes using nine different elementary index formulas. Measured inflation outcomes of the different index formulas are … compared with the Fisher Ideal index to quantify elementary index bias. Across product categories, mean levels of annual …

underlying the Producer Price Index (PPI) over the period from February 2001 to January 2005. On average only one out of four …