05061nam 22008294a 450 991078489920332120210603025821.01-281-12555-597866111255540-226-23966-710.7208/9780226239668(CKB)1000000000401194(EBL)408449(OCoLC)476229090(SSID)ssj0000241574(PQKBManifestationID)11219028(PQKBTitleCode)TC0000241574(PQKBWorkID)10297982(PQKB)10879547(StDuBDS)EDZ0000115682(MiAaPQ)EBC408449(DE-B1597)523430(OCoLC)781254923(DE-B1597)9780226239668(Au-PeEL)EBL408449(CaPaEBR)ebr10209961(CaONFJC)MIL112555(EXLCZ)99100000000040119420020610d2003 uy 0engurun#---|u||utxtccrScanner data and price indexes[electronic resource] /edited by Robert C. Feenstra and Matthew D. ShapiroChicago University of Chicago Press20031 online resource (404 p.)Studies in income and wealth ;v. 64Description based upon print version of record.0-226-23965-9 Includes bibliographical references and indexes.Front matter --Introduction --1. Using Scanner Data to Improve the Quality of Measurement in the Consumer Price Index --2. Scanner Indexes for the Consumer Price Index --3. Price Collection and Quality Assurance of Item Sampling in the Retail Prices Index: How Can Scanner Data Help? --4. Estimating Price Movements for Consumer Durables Using Electronic Retail Transactions Data --Roundtable Discussion --5. High-Frequency Substitution and the Measurement of Price Indexes --6. Using Scanner Data in Consumer Price Indexes: Some Neglected Conceptual Considerations --7. What Can the Price Gap between Branded and Private-Label Products Tell Us about Markups? --8. The Long Shadow of Patent Expiration: Generic Entry and Rx-to-OTC Switches --9. The Measurement of Quality-Adjusted Price Changes --10. Hedonic Regressions: A Consumer Theory Approach --11. Price Index Estimation Using Price Imputation for Unsold Items --Contributors --Author Index --Subject IndexEvery time you buy a can of tuna or a new television, its bar code is scanned to record its price and other information. These "scanner data" offer a number of attractive features for economists and statisticians, because they are collected continuously, are available quickly, and record prices for all items sold, not just a statistical sample. But scanner data also present a number of difficulties for current statistical systems. Scanner Data and Price Indexes assesses both the promise and the challenges of using scanner data to produce economic statistics. Three papers present the results of work in progress at statistical agencies in the U.S., United Kingdom, and Canada, including a project at the U.S. Bureau of Labor Statistics to investigate the feasibility of incorporating scanner data into the monthly Consumer Price Index. Other papers demonstrate the enormous potential of using scanner data to test economic theories and estimate the parameters of economic models, and provide solutions for some of the problems that arise when using scanner data, such as dealing with missing data.Studies in income and wealth ;v. 64.Consumer price indexesData processingConsumer price indexesMethodologyPrice indexesData processingPrice indexesMethodologyPricesData processingPricesStatistical methodsPoint-of-sale systemsScanning systemsscanner data, economics, consumption, business, consumer price index, point of sale systems, unsold items, patent expiration, private-label products, brands, markups, substitution, otc, generic, pharmaceuticals, medicine, electronic retail transactions, durables, item sampling, quality assurance, nonfiction, economy, capitalism, marketing, sales.Consumer price indexesData processing.Consumer price indexesMethodology.Price indexesData processing.Price indexesMethodology.PricesData processing.PricesStatistical methods.Point-of-sale systems.Scanning systems.330 s338.5/28/0285574Feenstra Robert C126602Shapiro Matthew D(Matthew David)126903MiAaPQMiAaPQMiAaPQBOOK9910784899203321Scanner data and price indexes3752912UNINA