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The paper presents a general theory of the aggregation of prices and quantities that unifies the field and relates … topics that in the past have been treated separately and unsatisfactorily, or not at all. The theory does without the common … the theory lead to Törnqvist indexes defined on the appropriate data set. A numerical example confirms that in the non …
Persistent link: https://www.econbiz.de/10014588432
Abstract There are fixed costs in production. One has to assemble rents earned in production lines to cover them. There are also fixed costs in consumption. Consumers assemble surpluses to cover them. In either case, rent assemblage could either be a quantity solution, a quality solution, or a...
Persistent link: https://www.econbiz.de/10014615714
Abstract This paper uses both a discrete choice demand model and a direct survey method to derive robust measures of the contribution of home broadband to consumer welfare during the early years of broadband adoption by U.S. households. We estimate a demand system that distinguishes between...
Persistent link: https://www.econbiz.de/10014618820
Purpose – The study aims to conduct a critical analysis of available economic tools to value non‐market rural tourism products and services, and assess the strengths and weaknesses of these tools. Design/methodology/approach – The paper reviews existing valuation methods to better...
Persistent link: https://www.econbiz.de/10015037861
Zusammenfassung Der Aufsatz gibt einen Überblick über die Quellen von Verzerrungen des US-amerikanischen Konsumentenpreisindexes (CPI) nach oben sowie nach unten und diskutiert die Maßnahmen, die das Bureau of Labor Statistics ergriffen hat, um sie zu beseitigen. Die verbliebenen Verzerrungen...
Persistent link: https://www.econbiz.de/10014609054
Summary In 2002, the US Bureau of Labor Statistics (BLS) introduced a supplemental C-CPI-U employing a superlative formula to provide a closer approximation to a cost-of-living index (COLI). This paper focuses on whether the BLS can improve upon the headline CPI-U’s current biennial weight...
Persistent link: https://www.econbiz.de/10014609315
Summary The main approaches to measuring hedonic indexes in the academic literature are the imputation approach and the time dummy approach. This paper compares both approaches, discusses an alternative method called hedonic re-pricing, and comments on a recent contribution by Diewert et al....
Persistent link: https://www.econbiz.de/10014609317
Summary Every month the Consumer Price Index for Germany (CPI) provides comprehensive and detailed information regarding the price development over time. However, when differences in the price level across regions in Germany have to be analysed at a given point in time, sufficient information is...
Persistent link: https://www.econbiz.de/10014609319
gilt. Dies wird anhand der zentralen Dimensionen Einkommen, Einbeziehung in die Sozialversicherung und betriebliche …
Persistent link: https://www.econbiz.de/10014586459
Zusammenfassung Untersucht wird, ob betriebliche Weiterbildung die Mobilitätsneigung der Beschäftigten eher verstärkt oder reduziert, ob es Unterschiede in der Weiterbildung bei verschiedenen Beschäftigtengruppen gibt und ob externe Effekte auftreten, also auch diejenigen Arbeitskräfte, die...
Persistent link: https://www.econbiz.de/10014608674