The Bank of Canada needs a better inflation indicator that is more sensitive to swings in house prices than the … Consumer Price Index (CPI). The author points out that the CPI has not usefully reflected the rapid run-up in housing prices in … recent years. He proposes a new official inflation indicator for monetary policy purposes that would better reflect the …

variable as some sort of average price. Instead it represents some price index indicating the average of the individual items …' price changes between the period considered and some base period. The Laspeyres and the Paasche index are cited as the best … to that of the base period. It is shown that a wide range of index formulas can be interpreted in this way, including the …

In order to provide information concerning the significant contributions to price index theory made by Moritz Wilhelm … personal and professional life. He was the first to formulate the unit value index as well as the Laspeyres and Paasche price … indices. These three indices are the key for the official inflation measurements that are made around the world today. …

multilateral index number methods for computing month-to-month inflation. … prices and quantities that national statistical institutes can use to produce more accurate, timely, measures of inflation …

Hedonic regressions are used for residential property price index (RPPI) measurement to control for changes in the …

. This article presents a price index for Spanish urban areas covering the period 2004-2020. By way of example, according to … this index, the cost of living in the two largest cities (Madrid and Barcelona) in 2020 was nearly 20% higher than the …

policy) rely on accurate measures of price change. Unfortunately, the price index formulae that most price statisticians … consumer price index. …

individual holiday destination.The paper analyses the possibilities and challenges in compiling a price index out of transaction …. Moreover, various index aggregation methods are analysed, which include hedonic regressions, stratification, and also a … multilateral index method. Applied to six major holiday destinations for German travellers, all transaction-based methods under …

index number methods like the CPDmethod and the GEKS method are utilised for the aggregation of the price data into higher …-level indices. Although the two index number methods produce differing price level estimates when prices are missing, the present … the GEKS method. Using price data of Germany's Consumer Price Index, it can be observed that more narrowly defined …

possibilities and challenges in compiling a price index out of transaction data for flight package holidays. Our dataset comprises … unstructured text information, and weighting are addressed. Moreover, various index aggregation methods are analysed, which include … hedonic regressions, stratification, and also a multilateral index method. Applied to six major holiday destinations for …