This paper provides an extensive literature review and analyses some open issues in the measurement of inflation that …. Consumer behaviour is characterised by preference shifts and heterogeneity, which influence the measurement of the cost of … "green" products. Furthermore, PRISMA data show that consumption baskets and thus inflation vary across income classes (e …

.e. whose price changes rarely) contain more information about medium term inflation developments than those of flexible price … inflation index indeed has a forward-looking component, as it has favorable inflation forecasting properties on the policy … horizon of 1-2 years to alternative inflation indicators (including core inflation). Both theoretical and empirical results …

Headline inflation in most industrialized countries, the US in particular, has been shown to be mean reverting to core … inflation in the medium term, whilst at the same time the pass-through of exogenous commodity price shocks from the headline to … volatility for the latter and creates a drive for investing in commodities as a hedge for the spread between both inflation …

this has on the measurement of inflation. Using a large US scanner data set on supermarket products and applying flexible … introduces a systematic bias in the measurement of inflation. For our data we find that the life cycle bias underestimates the … measurement of inflation by around 0.30 percentage points each year …

This paper examines a number of alternative PCE price inflation measures including overall PCE inflation, PCE inflation … excluding food and energy, trimmed mean PCE inflation, component-smoothed inflation, variance-weighted inflation, inflation with … weights based on disaggregated regressions, and survey measures of inflation expectations. When averaging across a handful of …

This note focusses on key issues - both conceptual and practical - with regard to the measurement of inflation such as … specific issues faced by these economies and how the resulting inflation indices differ across countries.Full Publication …: 'http://ssrn.com/abstract=2870167' Inflation Mechanisms, Expectations and Monetary Policy …

is adequate inflation rate.The article presents an subjective overview of problems in measuring inflation in a transition …

under-weighted, but the under-weighting remains fairly stable over time so that inflation measurement is not signi ficantly … both the representativeness of prices included in the CPI and on estimates of inflation. We use high-frequency scanner data …

time so that inflation measurement is not significantly affected. In addition, we find evidence that the typical practice … estimates of inflation. We use high-frequency scanner data from US supermarkets to explore if there is any systematic …

systematically understated. The effect rests on overstated inflation estimates due to imputed prices for disappearing goods and …