A newly identified source of potential CPI bias: Weekly versus monthly unit value price indexes

被引:1
|
作者
Diewert, W. Erwin [1 ,2 ]
Fox, Kevin J. [2 ]
de Haan, Jan [3 ,4 ]
机构
[1] Univ British Columbia, Vancouver, BC V5Z 1M9, Canada
[2] Univ New S Wales, Sydney, NSW 2052, Australia
[3] Stat Netherlands, Amsterdam, Netherlands
[4] Delft Univ Technol, NL-2600 AA Delft, Netherlands
基金
澳大利亚研究理事会;
关键词
Elementary price indexes; Aggregation; Inflation; SCANNER DATA; INFLATION; NUMBERS;
D O I
10.1016/j.econlet.2016.02.022
中图分类号
F [经济];
学科分类号
02 ;
摘要
We find that unit value prices used for constructing the CPI should be for the same period as the index to be constructed, rather than for a sub-period. The latter approach can lead to an upward bias in the CPI. (C) 2016 Elsevier B.V. All rights reserved.
引用
收藏
页码:169 / 172
页数:4
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