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0,5-2,0% per year. A significant part of such a bias is found to be caused by the presence of technology products and … differentiated products in CPI. An increasing weight of these products in the Russian CPI may also lead to a substantial upward bias …. Nowadays hedonic indices are believed to be the most efficient way to reduce the bias. Following Triplett we have developed the …
Persistent link: https://www.econbiz.de/10005621652
offizielle Inflation deshalb auf Basis eines statistischen Preisindex (SP) berechnet werden. Bei der Suche nach geeigneten SPs …
Persistent link: https://www.econbiz.de/10005837638
Family budget data for East and West Germany over the past decade are analyzed in the light of the convergence of relative price structures and the elimination of quantity constraints in the East during the process of eastern economic reconstruction. Exact cost-of-living indexes for generalized...
Persistent link: https://www.econbiz.de/10010991740
Our aim is to quantify the GDP measurement bias derive from quality improvements in information technology sector …
Persistent link: https://www.econbiz.de/10005077242
at discrete intervals only. It is well known that the Laspeyres functional form entails a substitution bias. One way to … proposed index has the Fisher form. This makes it possible to assess the size of the substitution bias. An application to Swiss …
Persistent link: https://www.econbiz.de/10005023572
It has been submitted that, for the very large number of different traditional type formulae to determine price indices associated with a pair of periods, which are joined with the longstanding question of which one to choose, they should all be abandoned. For the method proposed instead, price...
Persistent link: https://www.econbiz.de/10005704521
at discrete intervals only. It is well known that the Laspeyres functional form entails a substitution bias. One way to … proposed index has the Fisher form. This makes it possible to assess the size of the substitution bias. An application to Swiss …
Persistent link: https://www.econbiz.de/10004978001
housing market, some important differences also emerge. In particular, we find evidence of sample selection bias in our … hedonic and repeat-sales data sets, which in turn seems to generate bias (although in opposite directions) in our hedonic and …
Persistent link: https://www.econbiz.de/10004984669
these methods are all affected by substitution bias, which can seriously distort their results. We propose an alternative … approach that is free of substitution bias which builds up panel comparisons from bilateral building blocks using the hedonic … six year period. We find clear evidence of bias in the region-time-dummy results as well as in simple average measures …
Persistent link: https://www.econbiz.de/10005135151
pricing functions which exclude age are misspecified. Furthermore, in order to eliminate bias price index samples must be … constructed carefully. Using a simulation we show that the bias introduced by the traditional match-model method may be non-trivial. …
Persistent link: https://www.econbiz.de/10005135154