published data. The underlying effect rests on overstated inflation estimates due to imputed prices for disappearing products …

published data. The underlying effect rests on overstated inflation estimates due to imputed prices for disappearing goods and …

Both the theory and practice of using hedonic regressions to quality adjust inflation estimates are implicitly … use quantity weights in constructing the index rather than the unsatisfactory equal weighting system implicit in the … recommendations results in higher estimates of inflation, similar to official quality-adjusted inflation rate …

Current HICP measurement practices produce an upward bias of about one-ninth of a percentage point in German inflation … the euro area HICP. The measurement of the German HICP is impaired by the extrapolation of expenditure weights, and the … consider this source of mismeasurement when assessing the precision of the HICP as a measure of "true" inflation. …