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Comparing GDP in constant and in chained prices : some new results
Dumagan, Jesus Castaños - 2009
This paper’s framework for GDP in chained prices yields GDP in constant prices as a special case of constant relative prices, i.e., these GDP measures differ only when relative prices change. The framework has a novel additive procedure, counter to the prevailing view that GDP in chained...
Persistent link: https://www.econbiz.de/10003834941
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Drobisch's legacy to price statistics
Auer, Ludwig von - 2010
In order to provide information concerning the significant contributions to price index theory made by Moritz Wilhelm …
Persistent link: https://www.econbiz.de/10010356084
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Money Metric, Price and Quantity Aggregation and Welfare Measurement
Hillinger, Claude - 2021
The paper presents a general theory of the aggregation of prices and quantities that unifies the field and relates … topics that in the past have been treated separately and unsatisfactorily, or not at all. The theory does without the common … the theory lead to Törnqvist indexes defined on the appropriate data set. A numerical example confirms that in the non …
Persistent link: https://www.econbiz.de/10013320337
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The Money Metric, Price and Quantity Aggregation and Welfare Measurement
Hillinger, Claude - 2003
The paper presents a general theory of the aggregation of prices and quantities that unifies the field and relates … topics that in the past have been treated separately and unsatisfactorily, or not at all. The theory does without the common … the theory lead to Törnqvist indexes defined on the appropriate data set. A numerical example confirms that in the non …
Persistent link: https://www.econbiz.de/10014076165
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Inflation measurement with high frequency data
Fox, Kevin J.; Levell, Peter; O'Connell, Martin - 2023
The availability of large transaction level datasets, such as retail scanner data, provides a wealth of information on prices and quantities that national statistical institutes can use to produce more accurate, timely, measures of inflation. However, there is no universally agreed upon method...
Persistent link: https://www.econbiz.de/10014419259
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Chapter 66 The Measurement of Productivity for Nations
Diewert, W. Erwin; Nakamura, Alice O. - In: Handbook of econometrics : volume 6A, (pp. 4501-4586). 2007
This chapter covers the theory and methods for productivity measurement for nations. Labor, multifactor and total …
Persistent link: https://www.econbiz.de/10014024949
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The Generalized Unit Value Index
Auer, Ludwig von - 2011
The inflation rate is normally computed as a weighted average of individual price changes. Alternatively, this rate could be evaluated by comparing average price levels. Unfortunately, this methodology has received limited attention in past research. This study attempts to remedy this situation...
Persistent link: https://www.econbiz.de/10010356068
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Price Measures for Semiconductor Devices
Aizcorbe, Ana M. - 2002
This note provides quality-adjusted price indexes and nominal shipments data for highly disaggregate classes of semiconductor devices. These data may be used to construct indexes under different assumptions from those used in indexes that are currently available
Persistent link: https://www.econbiz.de/10014119328
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Embedding as a pitfall for survey-based welfare indicators : evidence from an experiment
Hetschko, Clemens; Reumont, Louisa von; Schöb, Ronnie - 2017 - This version: March 2017
How can we assess the welfare of a society, its evolution over time and predict its change due to particular policy interventions? One way is to use survey-based welfare indicators such as the OECD Better Life Index. It invites people to weight a variety of quality of life indicators according...
Persistent link: https://www.econbiz.de/10011625648
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Embedding as a pitfall for survey-based welfare indicators : evidence from an experiment
Hetschko, Clemens; Reumont, Louisa von; Schöb, Ronnie - 2017 - This version: March, 2017
How can we assess the welfare of a society, its evolution over time and predict its change due to particular policy interventions? One way is to use survey-based welfare indicators such as the OECD Better Life Index. It invites people to weight a variety of quality of life indicators according...
Persistent link: https://www.econbiz.de/10011638276