This paper investigates the problem of aggregation in the case of large linear dynamic panels, where each micro unit is … extent to which ‘observed’ inflation persistence at the aggregate level is due to aggregation and/or common unobserved …

that the more aggregate the data, the closer the distribution to perfect staggering. This result holds for both aggregation …

to forecasting HICP inflation, our analysis suggests to favor the aggregation of subindices forecasts. Furthermore, the …

The impact of weekly, monthly and quarterly time aggregation on estimates of price change is examined for nineteen … different supermarket item categories over a fifteen month period using scanner data. We find that time aggregation choices (the … superlative indexes. Monthly and (in some cases even) quarterly time aggregation were found to be insufficient to eliminate …

Aggregation of international prices in empirical work is generally based on well known index number formulas. However …

This paper considers the problem of aggregation in the case of large linear dynamic panels, where each micro unit is … Pesaran (2003), an optimal aggregate function is derived, and the limiting behavior of the aggregation error is investigated … which ‘observed’ inflation persistence at the aggregate level is due to aggregation and/or common unobserved factors. Our …