Why Elementary Price Index Number Formulas Differ : : Price Dispersion and Product Heterogeneity / / Mick Silver, Saeed Heravi
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| Autore: |
Silver Mick
|
| Titolo: |
Why Elementary Price Index Number Formulas Differ : : Price Dispersion and Product Heterogeneity / / Mick Silver, Saeed Heravi
|
| Pubblicazione: | Washington, D.C. : , : International Monetary Fund, , 2006 |
| Edizione: | 1st ed. |
| Descrizione fisica: | 1 online resource (18 p.) |
| Soggetto topico: | Consumer price indexes |
| Price indexes | |
| Deflation | |
| Demographic Economics: General | |
| Demography | |
| Expenditure | |
| Expenditures, Public | |
| Income economics | |
| Inflation | |
| Labor economics | |
| Labor Economics: General | |
| Labor | |
| Labour | |
| Macroeconomics | |
| National Government Expenditures and Related Policies: General | |
| Population & demography | |
| Population and demographics | |
| Population | |
| Price Level | |
| Public finance & taxation | |
| Public Finance | |
| Soggetto geografico: | United Kingdom |
| Altri autori: |
HeraviSaeed
|
| Note generali: | "July 2006." |
| Nota di bibliografia: | Includes bibliographical references. |
| Nota di contenuto: | ""Contents""; ""I. INTRODUCTION""; ""II. ELEMENTARY INDEX NUMBER FORMULAS, THEIR USE AND JUSTIFICATION""; ""III. DIFFERENCES BETWEEN THE JEVONS AND DUTOT FORMULAS""; ""IV. EMPIRICAL WORK""; ""V. IMPLICATIONS FOR CPI COMPILATION""; ""VI. SUMMARY""; ""Data Annex"" |
| Sommario/riassunto: | The Consumer Price Index Manual (2004) provides guidelines for aggregation formulas that are promulgated at IMF training courses and technical assistance missions. This paper develops elementary level aggregation theory to better inform users and compilers. Most countries use either the Dutot or Jevons index formula. These formulas generally give different results; advice on choice of formula matters. Using an approach based on sample estimators, and an illustration based on scanner data, the paper shows how differences in these formulas can be explained by changes in price dispersion and, in turn, by product heterogeneity. Implications for choice of formula are considered. |
| Titolo autorizzato: | Why Elementary Price Index Number Formulas Differ |
| ISBN: | 9786613821881 |
| 9781462305407 | |
| 1462305407 | |
| 9781451985320 | |
| 1451985320 | |
| 9781282531314 | |
| 128253131X | |
| 9781451987034 | |
| 145198703X | |
| Formato: | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione: | Inglese |
| Record Nr.: | 9910968073303321 |
| Lo trovi qui: | Univ. Federico II |
| Opac: | Controlla la disponibilità qui |
Serie:
IMF Working Papers; Working Paper ; ; No. 2006/174