On Absolute Price, and Index Numbers of Price

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price theory

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15 صفحه اول

Price Index Estimation Using Price Imputation for Unsold Items

Although scanner price quotes and expenditures have great promise in improving the Consumer Price Index (CPI), their use has introduced new problems. One major problem confronting the Bureau of Labor Statistics (BLS) is the treatment of an item that experiences no purchases during a particular time period. Either a price can be explicitly imputed for this item or it can be implicitly imputed by...

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National Hospital Input Price Index

The national community hospital input price index presented here isolates the effects of prices of goods and services required to produce hospital care and measures the average percent change in prices for a fixed market basket of hospital inputs. Using the methodology described in this article, weights for various expenditure categories were estimated and proxy price variables associated with ...

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Why Price Index Number Formulae Differ: Economic Theory and Evidence on Price Dispersion

Acknowledgements are due to the U.K Office for National Statistics (ONS) for supplying the data for this study. This follows a well established research link with the ONS which has been of much benefit to the authors. Naturally the ONS are not responsible for any views, errors of omission or commission in this paper. We also acknowledge useful comments from Malcolm Galatin (City College New Yor...

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ژورنال

عنوان ژورنال: The Economic Journal

سال: 1918

ISSN: 0013-0133

DOI: 10.2307/2222126