1.

Record Nr.

UNINA9910968747903321

Autore

Heravi Saeed

Titolo

The Difference Between Hedonic Imputation Indexes and Time Dummy Hedonic Indexes / / Saeed Heravi, Mick Silver

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2006

ISBN

9786613823304

9781462360901

1462360904

9781452725925

1452725926

9781283071086

1283071088

9781451988208

1451988206

Edizione

[1st ed.]

Descrizione fisica

1 online resource (20 p.)

Collana

IMF Working Papers

Altri autori (Persone)

SilverMick

Soggetti

Inflation (Finance)

Price indexes

Cement

Ceramics

Commodity exchanges

Commodity markets

Consumer price indexes

Deflation

Finance

Finance: General

General Financial Markets: General (includes Measurement and Data)

Glass

Inflation

Investment & securities

Investments: Metals

Macroeconomics

Metals and Metal Products

Price Level

Silver

United States



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"July 2006".

Nota di contenuto

""Contents""; ""I. INTRODUCTION""; ""II. HEDONIC INDEXES""; ""III. WHY HEDONIC IMPUTATION AND DUMMY TIME HEDONIC INDEXES DIFFER""; ""IV. CHOICE BETWEEN HEDONIC INDEXES AND DUMMY TIME HEDONIC INDEXES""; ""V. CONCLUSIONS""; ""References""

Sommario/riassunto

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 two main approaches to hedonic indexes are hedonic imputation (HI) indexes and dummy time hedonic (DTH) indexes. This study provides a formal analysis of the difference between the two approaches for alternative implementations of the Törnqvist "superlative" index. It shows why the results may differ and discusses the issue of choice between these approaches.