Balk, Bert M. - In: Jahrbücher für Nationalökonomie und Statistik 230 (2010) 6, pp. 726-740
Summary Catching the effect of substitution behaviour in a Consumer Price Index (CPI) as good as possible is a goal pursued by statistical agencies throughout the world. The difference between a CPI and a certain target cost-of-living index is called substitution bias. Balk and Diewert (2003)...