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Why elementary price index number formulas differ : price dispersion and product heterogeneity /

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 Jev...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Silver, M. S. (Autor), Heravi, Saeed (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, IMF Institute, 2006.
Colección:IMF working paper ; WP/06/174.
Temas:
Acceso en línea:Texto completo

MARC

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100 1 |a Silver, M. S.,  |e author. 
245 1 0 |a Why elementary price index number formulas differ :  |b price dispersion and product heterogeneity /  |c prepared by Mick Silver and Saeed Heravi. 
260 |a [Washington, D.C.] :  |b International Monetary Fund, IMF Institute,  |c 2006. 
300 |a 1 online resource (16 pages) 
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490 1 |a IMF working paper ;  |v WP/06/174 
504 |a Includes bibliographical references. 
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520 3 |a 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. 
505 0 |a ""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"" 
590 |a ProQuest Ebook Central  |b Ebook Central Academic Complete 
650 0 |a Consumer price indexes. 
650 0 |a Price indexes. 
650 6 |a Indice des prix à la consommation. 
650 6 |a Indice des prix. 
650 7 |a Consumer price indexes  |2 fast 
650 7 |a Price indexes  |2 fast 
700 1 |a Heravi, Saeed,  |e author. 
776 0 8 |i Print version:  |a Silver, M.S.  |t Why elementary price index number formulas differ.  |d [Washington, D.C.] : International Monetary Fund, ©2006  |w (OCoLC)163613487 
830 0 |a IMF working paper ;  |v WP/06/174. 
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