The difference between hedonic imputation indexes and time dummy hedonic indexes / / Mick Silver and Saeed Heravi

• Autore: Silver M. S
• Pubblicazione: [Washington, D.C.], : International Monetary Fund, Statistics Dept., 2006
• Edizione: 1st ed.
• Descrizione fisica: 1 online resource (20 p.)
• Soggetto topico: Inflation (Finance); Price indexes
• Altri autori: HeraviSaeed
• 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.
• Titolo autorizzato: The difference between hedonic imputation indexes and time dummy hedonic indexes
• ISBN: 1-4623-6090-4; 1-4527-2592-6; 1-283-07108-8; 9786613823304; 1-4519-8820-6
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910821246803321
• Lo trovi qui: Univ. Federico II
• Serie: IMF working paper ; ; WP/06/181.