Showing 1 - 10 of 19
Persistent link: https://www.econbiz.de/10000624018
Persistent link: https://www.econbiz.de/10000592349
Persistent link: https://www.econbiz.de/10001832871
Persistent link: https://www.econbiz.de/10001247718
Persistent link: https://www.econbiz.de/10000945148
Persistent link: https://www.econbiz.de/10001336929
Persistent link: https://www.econbiz.de/10001565796
This paper shows how to generate the joint distribution of correlated random variables with specified marginal distributions. For cases where the marginal distributions are either normal or lognormal, it shows how to calculate analytically the correlation of the underlying normal distributions...
Persistent link: https://www.econbiz.de/10013219331
The Consumer Price Index does not take into account the fact that consumers alter the composition of their purchases in response to changes in relative prices. This substitution effect will cause the CPI to grow faster than the cost of living. This paper presents new estimates showing that this...
Persistent link: https://www.econbiz.de/10013322302
This paper investigates the use of high-frequency scanner data to construct price indexes. In the presence of inventory behavior, purchases and consumption by individuals differ over time. Cost-of-living indexes can still be constructed using data on purchases. For weekly data on canned tuna,...
Persistent link: https://www.econbiz.de/10013322321