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house price index. We quantify the extent to which disaggregated house prices indices have significantly more variability … than, and differing trends from, the aggregate index …
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The Big Mac Index was introduced to (semi-humorously) test the theory of purchasing power parity and measure the … disparity in currency values. Instead, in this paper, we consider this index to find out the per capita real-income disparity …
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treatment, rather than prices of fixed bundles of inputs. We outline features of a proposed new experimental price index -- a … medical care expenditure price index -- that is more suitable for evaluation and analyses of medical care cost changes, than …
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Due to outdated weighting information, a Laspeyres-based Consumer Price Index (CPI) is prone to accumulating upward … such as the producer price index or the import and export price indices. …
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indices. Since the matched model index does not incorporate price changes for goods which exit, and the goods that exited tend … to be those goods whose prices fall, the matched model index has a selection problem which biases it upwards. The hedonic … index does not have this problem. We illustrate with a new study of price indices for PC's. The hedonic index shows steep …
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