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Measurement of quality changes has proven to be an especially difficult aspect of calculating unbiased rates of inflation. We propose a new methodology of capturing quality improvements based on consumer focus groups and apply this methodology in an environment where quality changes might be...
Persistent link: https://www.econbiz.de/10009477158
effects for at least one group in the population. …
Persistent link: https://www.econbiz.de/10009477348