Showing 1 - 10 of 8,288
decade on price measurement. A final article discusses the role of information technology in the US growth resurgence. …
Persistent link: https://www.econbiz.de/10005157592
research on related issues. Based on recent research, the author suggest that the bias estimate for 1995-96 should have been 1 ….2 to 1.3 percentage points, not 1.1 points. He estimates that the upward bias in the CPI has declined from the revised 1 …. Allowing for these, he concludes that the current upward bias in the US CPI is at least 1.0 percentage points per year. …
Persistent link: https://www.econbiz.de/10005481845
upward CPI bias, and discusses how these results eventually lead to the appointment of the Boskin Commission in 1995. He also … corresponding to the categories of bias identified by the Commission: upper and lower level substitution bias, quality change and … new products,and outlet bias. These changes included the introduction of a chained CPI (CCPI-U), the introduction of more …
Persistent link: https://www.econbiz.de/10005481864
, promoting open discussion of price measurement issues, engendering dialogue between statistical agencies and users, and … its widely cited 1.1 percentage points CPI bias figure. The author also argues that the Commission ignored the possibility … that quality improvements could actually produce a net downward bias to CPI components because the implicit quality …
Persistent link: https://www.econbiz.de/10005481866
The author supports the type of the back-of-the-envelope calculations of CPI bias that the Commission used so …
Persistent link: https://www.econbiz.de/10005481867
The author provides a political economy interpretation of the rise and fall of public interest in price measurement … Academy of Sciences panel, to improve CPI measurement. The author examines the thorny issue of the CPI for health care, with … outcomes. He concludes that the BLS has responded constructively to the recommendations from the various price measurement …
Persistent link: https://www.econbiz.de/10005481869
Brief introduction to the symposium highlighting the importance of price measurement for reliable productivity … estimates. Accurate price indexes are essential for reliable productivity measurement. the author points out that a one … percentage point upward bias in price changes results in a one percentage point downward bias in real output growth and by …
Persistent link: https://www.econbiz.de/10005650258
This article looks at increases in the cost of living for Australian households over the past decade. Inflation as … inherent conceptual differences and measurement issues. Even so, other measures of the cost of living have increased by a … similar amount to the CPI over the past decade. Measured inflation has been higher for some households and socio …
Persistent link: https://www.econbiz.de/10010764937
Throughout most of the post-war period, the fight against inflation was one of the most important tasks of economic … policymakers. For some months now, with ample spare capacity in major advanced industrial countries and inflation receding in the … wake of the fall of oil prices, some commentators worry more about deflation than inflation, and draw parallels to the …
Persistent link: https://www.econbiz.de/10004976022
Romania by offering organic vegetable to their local contracted consumers in the Western part of the country. All three CSA … groups were initiated by a local NGO. Our empirical results shed light on CSA partnerships in Romania. With regard to …
Persistent link: https://www.econbiz.de/10010980670