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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 …
Persistent link: https://www.econbiz.de/10013215700
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 …
Persistent link: https://www.econbiz.de/10013323453
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 …
Persistent link: https://www.econbiz.de/10013311636
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 …
Persistent link: https://www.econbiz.de/10013227528
. The theory demonstrates how to use the observed price dynamics to adjust prices for unobserved quality differences across …-adjusted index for semiconductor fabrication, and propose a general method for bounding the true constant-quality price index …
Persistent link: https://www.econbiz.de/10013062082
have real rates fallen? This note computes a measure of the "world" real interest rate and, where possible, a measure of … the implied future real rate. It also makes public our estimates of the "world" real interest rate so they can be used by …
Persistent link: https://www.econbiz.de/10013059096
Biomedical R&D Price Index (BRDPI) focused on input costs rose only 2.2-fold. Most of the disparity appears to be attributable to … agencies to develop a producer price index for this type of R&D activity, contributing to broader efforts to develop a deflator …
Persistent link: https://www.econbiz.de/10013064303
This paper examines the domestic and foreign fixed investment expenditures of a sample of U.S. multinational firms to explain empirically each type of investment and to determine whether there are significant interactions between them. Models exhibiting two types of interactions, one, financial...
Persistent link: https://www.econbiz.de/10013225582
In this paper we focus on alternative procedures for calculating and interpreting quality-adjusted price indexes for microcomputers, based on a variety of estimated hedonic price equations. Our data set comprises an unbalanced panel for 1265 model observations from 1982 to 1988, and includes...
Persistent link: https://www.econbiz.de/10013237024
divide nominal expenditures by an official government price index to decompose these expenditures into price and quantity … components. In this paper we construct a new price index for the treatment of one illness depression. Making use of results from … regardless of which index number procedure is employed time period the treatment price index for the acute phase of major …
Persistent link: https://www.econbiz.de/10013249357