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PPI and Measuring Inflation in Business Transactions in Egypt

Nawar, Abdel-Hameed - 2008

This paper discusses and analyzes selected pertinent statistical and economic questions raised by the shift in price statistics towards covering broader markets of the economy, namely introducing a Producers Price Index (PPI) series in place of the Wholesale Price Index (WPI) series in Egypt...

Persistent link: https://www.econbiz.de/10012725029

Index of Perceived Inflation or EU Consumer Surveys? An Assessment of Professor H. W. Brachinger's Approach

Hoffmann, Johannes - 2007

This paper discusses an index of perceived inflation developed by Brachinger. Brachinger's index is not based on a survey and measurement of consumers' price perception. It is a model calculation derived from a number of more or less plausible ad hoc assumptions. We find that the results of...

Persistent link: https://www.econbiz.de/10012778424

The Difference between Hedonic Imputation Indexes and Time Dummy Hedonic Indexes

Silver, Mick - 2006

Statistical offices try to match item models when measuring inflation between two periods. For product areas with a high turnover of differentiated models, however, the use of hedonic indexes is more appropriate since they include the prices and quantities of unmatched new and old models. The...

Persistent link: https://www.econbiz.de/10012779503

Methodologies of Price Indices in Transition Countries

Zieschang, Kimberly - 2006

Since late 1991, the IMF Statistics Department has conducted a program of technical assistance on consumer and producer price measurement and index compilation for the countries that have emerged from the former Soviet Union. These are countries whose economies are in various states of...

Persistent link: https://www.econbiz.de/10012781858

Improving the Efficiency of the U.S. CPI

Armknecht, Paul - 2006

formulations to resolve the current problems of formula bias. Potential sources of cost savings related to probability sampling are …

Persistent link: https://www.econbiz.de/10012782006

A Number of Concerns Arising from a Closer Look at the Estimation of the Consumer Price Index

Guerrero-de-Lizardi, Carlos - 2014

In first place, I can easily imagine that the inflation rate is the daily bread for financials. In second place, I am positively sure that the routinely compilation of the consumer price index (CPI) done by any statistical agency constitutes “a tour the force”. In third place, I am convinced...

Persistent link: https://www.econbiz.de/10013048762

Life Cycle Price Trends and Product Replacement : Implications for the Measurement of Inflation

Melser, Daniel - 2014

introduces a systematic bias in the measurement of inflation. For our data we find that the life cycle bias leads to the …

Persistent link: https://www.econbiz.de/10013040243

Lost in Translation : What Do Engel Curves Tell Us About the Cost of Living?

Almås, Ingvild - 2018

The Hamilton method for estimating CPI bias is simple, intuitive, and has been widely adopted. We show that the method … confiates CPI bias with variation in cost-of-living across income levels. Assuming a single price index across the income … implement the Translated Engel curve (TEC) method that disentangles genuine CPI bias from differences caused by comparing …

Persistent link: https://www.econbiz.de/10012922658

Owner Occupied Housing in the CPI and Its Impact on Monetary Policy During Housing Booms and Busts

Hill, Robert J. - 2018

The treatment of owner-occupied housing (OOH) is probably the most important unresolved issue in inflation measurement. The European Union has been grappling with this problem for over a decade. We argue for measuring OOH costs using a particular version of the user cost method. We then compare...

Persistent link: https://www.econbiz.de/10012928265

Inflation measurement and its assessment in the ECB's monetary policy strategy review

2021

replacement and quality adjustment. Such measures may also help reduce the measurement bias that still exists in the HICP. Overall …, a knowledge gap concerning the exact size of the measurement bias of the HICP remains, which calls for further research …

Persistent link: https://www.econbiz.de/10012626725