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Verzerrungen von Konsumentenpreisindizes und ihr Einfluss auf das "reale" Wirtschaftswachstum : dargestellt am Beispiel der USA
Hartwig, Jochen (contributor); Schips, Bernd (contributor) - 2004 - [Elektronische Ressource]
Der Aufsatz gibt einen Überblick über die Quellen von Verzerrungen des US-amerikanischen Konsumentenpreisindexes (CPI) nach oben und unten und diskutiert die Massnahmen, die das Bureau of Labor Statistics ergriffen hat, um sie zu beseitigen. Die verbliebenen Verzerrungen werden quantifiziert....
Persistent link: https://www.econbiz.de/10002521570
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Improving the Efficiency of the U.S. CPI
Armknecht, Paul - 2006
In this paper some of the practical issues related to improving the U.S. Consumer Price Index (CPI) are discussed. The general problem of choosing an appropriate price index number formula is presented and both the axiomatic and economic theoretic approaches are used to examine the problem. An...
Persistent link: https://www.econbiz.de/10012782006
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Comparing Past and Present Inflation
Bolhuis, Marijn A.; Cramer, Judd N. L.; Summers, … - National Bureau of Economic Research - 2022
There have been important methodological changes in the Consumer Price Index (CPI) over time. These distort comparisons of inflation from different periods, which have become more prevalent as inflation has risen to 40-year highs. To better contextualize the current run-up in inflation, this...
Persistent link: https://www.econbiz.de/10013334335
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Relative house price dynamics across euro area and US cities: convergence or divergence?
Hiebert, Paul; Roma, Moreno - 2010
This paper examines the time varying dispersion in city house price levels across the four biggest euro area countries compared with those in the United States. Using available city-level data over the period 1987-2008, it tests for price convergence and analyses key factors explaining price...
Persistent link: https://www.econbiz.de/10003973532
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Relative House Price Dynamics Across Euro Area and US Cities : Convergence or Divergence?
Hiebert, Paul - 2010
This paper examines the time varying dispersion in city house price levels across the four biggest euro area countries compared with those in the United States. Using available city-level data over the period 1987-2008, it tests for price convergence and analyses key factors explaining price...
Persistent link: https://www.econbiz.de/10013142991
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Imputed rent and income inequality : a decomposition analysis for Great Britain, West Germany and the USA
Frick, Joachim R.; Grabka, Markus M. - 2003
This article deals with income advantages derived from owner-occupied housing and their impact on the personal income distribution. Using micro-data from the British Household Panel Study (BHPS), the German Socio-Economic Panel (SOEP), and the US Panel Study of Income Dynamics (PSID) we find...
Persistent link: https://www.econbiz.de/10009660374
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The personal distribution of income and imputed rent : a cross-national comparison for the UK, West Germany, and the USA
Frick, Joachim R.; Grabka, Markus M. - 2002
Persistent link: https://www.econbiz.de/10001656328
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Mortgage market maturity and homeownership inequality among young households : a five-country perspective
Bičáková, Alena; Sierminska, Eva - 2008 - This version: February 2008
This paper uses the newly constructed Luxembourg Wealth Study data to document cross-country variation in homeownership … rates and the homeownership-income inequality among young households in Finland, Germany, Italy, the UK and the US, and … relate it to cross-country differences in mortgage market maturity. We find that aside from Italy, homeownership rates and …
Persistent link: https://www.econbiz.de/10011631928
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The personal distribution of income and imputed rent : a cross-national comparison for the UK, West Germany, and the USA
Frick, Joachim R.; Grabka, Markus M. - 2002
This article deals with income advantages derived from owner occupied housing (Imputed Rent, IR) and their impact on the personal income distribution. Following a brief description of different methods with which to calculate IR in household surveys, we conduct a cross-national comparative study...
Persistent link: https://www.econbiz.de/10011435844
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Verzerrungen von Konsumentenpreisindizes und ihr Einfluss auf das «reale» Wirtschaftswachstum – dargestellt am Beispiel der USA
Hartwig, Jochen; Schips, Bernd - KOF Swiss Economic Institute, Department of Management, … - 2004
The paper reviews the sources of «Upward bias» and «Downward bias» in the USConsumer Price Index (CPI) and discusses the changes the Bureau of Labor Statistics has introduced in order to eliminate them. The remaining biases are quantified. Also, the question is raised how much the changes to...
Persistent link: https://www.econbiz.de/10005731494