the true price of computer services at the time the machine is purchased with the concurrent level of software. To assess … States became apparent. The measurement of this productivity improvement depends on hedonic procedures adopted by the Bureau … hedonic methods may overstate the price decline of personal computers. We model computers as a durable good and suppose that …

the true price of computer services at the time the machine is purchased with the concurrent level of software. To assess … States became apparent. The measurement of this productivity improvement depends on hedonic procedures adopted by the Bureau … hedonic methods may overstate the price decline of personal computers. We model computers as a durable good and suppose that …

the true price of computer services at the time the machine is purchased with the concurrent level of software. To assess … States became apparent. The measurement of this productivity improvement depends on hedonic procedures adopted by the Bureau … hedonic methods may overstate the price decline of personal computers. We model computers as a durable good and suppose that …

indices that correctly reflect the true price movements of IT products. This paper assesses the differences between … traditional and quality adjusted indices by providing results for PC hardware. Transaction price data for the period from 1985 to … 1994 are used to construct price indices for personal computers in Germany. The use of hedonic methods allows to correct …

The paper analyzes the problems of measurement of durable consumer prices posed by quality change. Theoretical price … provide reliable price estimators. The analysis suggests that the application of methods of measurement based on chain indexes … indexes are defined and used to analyze several empirical methods of estimation of quality adjusted price indexes. The paper …

indices that correctly reflect the true price movements of IT products. This paper assesses the differences between … traditional and quality adjusted indices by providing results for PC hardware. Transaction price data for the period from 1985 to … 1994 are used to construct price indices for personal computers in Germany. The use of hedonic methods allows to correct …