changes, this two stage aggregation is typically based on some price index formula. In this paper, various screening devices … consistency in aggregation is a particularly important screening device. If a price index formula fails the weak consistency test … and, nevertheless, this formula is used for a multi stage price index computation, then the measured overall price change …

consumer price index (CPI) ? It is argued that economic theory has developed some extremely helpful techniques such as the … satisfies a number of basic properties that are considered as indispensable for a meaningful CPI (axiomatic index theory). In … Verfügung. Letztlich muss die offizielle Inflation deshalb auf Basis eines statistischen Preisindex (SP) berechnet werden. Bei …

/methodology/approach This paper constructs China’s energy condition index (ECI) by bringing in three variables (China’s energy price …, consumption and production) based on the financial condition index. Findings The result of empirical analysis shows that the index …

trading, an especially destabilizing form of noise trading. The hypothesis is tested using data from four major national index … futures markets. The empirical evidence is consistent across all index futures markets under examination. Specifically, there …

indices, index futures, bond markets, foreign exchange markets and individual stocks. There are some important issues that …

In this paper we build an index of value for venture capital. Our approach overcomes the problems of intermittent …, infrequent pricing of private company deals by using a repeat valuation model to build the index, and it corrects for selection … resulting index measures the return and risk for venture capital. Its covariance with other asset classes from 1987 through 2003 …

Purpose – It is important to forecast index series to identify future rises, falls, and turning points in the property … Property Price Index (DRPPI) data. In order to forecast the future trends in Dubai housing market, Box‐Jenkins autoregressive …‐December 2011. That is a 2.44 percent increase in the index for the same period. Practical implications – Reidin …

canonical correlation analysis and estimated canonical weights are used as weights in the calculation of index scores. Findings … macroeconomic indices, this method of index construction is superior in at least two respects. First, direct measures of a country …

Summary Catching the effect of substitution behaviour in a Consumer Price Index (CPI) as good as possible is a goal … pursued by statistical agencies throughout the world. The difference between a CPI and a certain target cost-of-living index … is called substitution bias. Balk and Diewert (2003) considered the substitution bias of a Lowe Consumer Price Index; see …