Oil price fluctuations affect equity values in North American, European, and Gulf Cooperation Council (GCC) stock markets, as evidenced by prior studies. However, they only focus on market-wide level analysis. This study, through both market level and sector level analyses, examines the sensitivity of Malaysian stock returns to oil price fluctuations over the period from January 2000 to March 2...

The purpose of this study is to contribute the maintenance and compilation consumer price index (CPI) in current extreme situation caused by Russian military aggression against Ukraine. In these conditions, official statistics faced with task maintaining regularity, completeness quality production statistical information, including CPI, which one key economic indicators. interaction between ide...

producers and consumers’ price behavior were analyzed in chicken meat market in fars province. monthly average producers and consumers prices from june 1997 to july 2008 were taken into account. changes in the producer and consumer prices indicated that the prices follow an increasing trend with much fluctuations. marketing margin has an increasing trend of violent fluctuations. the result of g...

This study examines the impact of oil price volatility on macroeconomic variables of the economy of Pakistan. We employed the Glosten, Jagannathan and Runkle (GJR) and Vector Autoregressive (VAR) models. The outcomes of the GJR model show the symmetric effect of oil price shock on conditional variance. Whereas Impulse Response Functions (IRFs) show the hostile effect on the employment and the o...

Recent empirical work suggests that small price changes are relatively common. These findings have been used to evaluate competing theories of nominal price rigidities. In this paper we use micro data from the consumer price index and a scanner data set from a national supermarket chain to reassess the importance of small price changes. We argue that the vast majority of these changes are due t...

Approximately every 10 years the fixed market basket of commodities and services supporting the Consumer Price Index is updated in a process referred to as a revision of the index. Samples of specific items in the fixed market basket are selected within a newly designed, stratified sample of geographic areas on a continuing rotation basis. The prices of the specific items are quoted every month...

17.1 This chapter and the next cover the economic approach to index number theory. This chapter considers the case of a single household, while the following chapter deals with the case of many households. A brief outline of the contents of the present chapter follows. 17.2 In paragraphs 17.9 to 17.17, the theory of the cost of living index for a single consumer or household is presented. This ...

This paper examines the validity of purchasing power parity (PPP) using CPI and Big Mac prices. The benchmark model, i.e., the OLS method, which does not take nonstationarity into account, rejects the hypothesis of PPP regardless of prices used. We next use the panel cointegration method to consider the nonstationary nature of variables. Estimated results for CPI are mixed. The PPP is rejected ...