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offizielle Inflation deshalb auf Basis eines statistischen Preisindex (SP) berechnet werden. Bei der Suche nach geeigneten SPs …Welche Bedeutung sollte dem ökonomischen Theorieansatz und damit insbesondere dem ökonomischen Kostenindex der … Lebenshaltung (im Folgenden als "nutzenbasierter Ausgabenindex", NBA, bezeichnet) in der amtlichen Inflationsmessung eingeräumt …
Persistent link: https://www.econbiz.de/10005837638
Economist have noted for decades that Consumer Price Index (CPI) in the developed countries is overstating inflation by … differentiated products in CPI. An increasing weight of these products in the Russian CPI may also lead to a substantial upward bias … hedonic price indices. They can be used in two ways: to estimate the bias in CPI and to elaborate alternative official price …
Persistent link: https://www.econbiz.de/10005621652
Persistent link: https://www.econbiz.de/10004104153
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This paper investigates the use of dynamic factor model for forecasting headline and core inflation as well as food … results confirm that including current information extracted from data-rich environment improves inflation forecast precision …
Persistent link: https://www.econbiz.de/10010942543
the consumer price index (CPI). Instructors can use the experiment as an introduction to the topic of inflation and how it … their class. They use their index to practice calculating inflation rates and to consider the strengths and weaknesses of … is measured. The exercise also provides a concrete example of the sources of bias in the CPI, promoting discussion of the …
Persistent link: https://www.econbiz.de/10005243277
Consumer Price Index (CPI) and a monthly food CPI. It is found that the minimum wage increases did not increase inflation …It is often argued that minimum wage increases can lead to increased inflation. This paper examines the impact of … minimum wage increases on inflation in Vietnam during the 1994-2008 period. Inflation is measured by a monthly overall …
Persistent link: https://www.econbiz.de/10009493280
This paper proposes a measure of real-time inflation expectations based on metadata, i.e., data about data, constructed … from internet search queries performed on the search engine Google. The forecasting performance of the Google Inflation … Search Index (GISI) is assessed relative to 37 other indicators of inflation expectations – 36 survey measures and the TIPS …
Persistent link: https://www.econbiz.de/10009647210
For decades, the academic literature has focused on three survey measures of expected inflation: the Livingston Survey … models of forecasting inflation, the data are low frequency measures which appear anachronistic in the modern era of high … frequency and real-time data. I present a collection of 37 different measures of inflation expectations, including many …
Persistent link: https://www.econbiz.de/10009647457