Author: Zvi Griliches
Publisher:
ISBN: 9780674592612
Category :
Languages : en
Pages : 297
Book Description
Price Indexes and Quality Change
Author: Zvi Griliches
Publisher:
ISBN: 9780674592612
Category :
Languages : en
Pages : 297
Book Description
Publisher:
ISBN: 9780674592612
Category :
Languages : en
Pages : 297
Book Description
Price Indexes and Quality Change
Author: Board of Governors of the Federal Reserve System (U.S.). Price Statistics Committee
Publisher: Cambridge, Mass. : Harvard University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 308
Book Description
Publisher: Cambridge, Mass. : Harvard University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 308
Book Description
Handbook on Hedonic Indexes and Quality Adjustments in Price Indexes Special Application to Information Technology Products
Author: Triplett Jack
Publisher: OECD Publishing
ISBN: 9264028153
Category :
Languages : en
Pages : 258
Book Description
Price indexes can be constructed using a “hedonic method” that adjusts for changes in the quality of a product. This handbook sets out best practice for constructing hedonic indexes.
Publisher: OECD Publishing
ISBN: 9264028153
Category :
Languages : en
Pages : 258
Book Description
Price indexes can be constructed using a “hedonic method” that adjusts for changes in the quality of a product. This handbook sets out best practice for constructing hedonic indexes.
Price Indexes and Quality Changes
Author: Zvi Griliches
Publisher:
ISBN:
Category :
Languages : en
Pages : 287
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 287
Book Description
Quality Change in Price Indexes
Author:
Publisher:
ISBN:
Category : Price indexes
Languages : en
Pages : 10
Book Description
Publisher:
ISBN:
Category : Price indexes
Languages : en
Pages : 10
Book Description
The Economic Theory of Price Indices
Author: Franklin M. Fisher
Publisher: Academic Press
ISBN: 1483271153
Category : Business & Economics
Languages : en
Pages : 134
Book Description
The Economic Theory of Price Indices: Two Essays on the Effects of Taste, Quality, and Technological Change is concerned with the effects of consumer taste, product quality, and technological change on price indices. Special attention is paid on technological change in the simple two-sector production model of Rybczynski and Uzawa. The effects of the general case of changing factor supplies and factor-augmenting change on the real national output deflator are also examined. Comprised of two essays, this book begins with an analysis of the pure theory of the true cost-of-living index, which may be considered as an idealization of indices like the consumer price index and others of that type. The essay explores how the true cost-of-living index is affected by changes in consumer taste, quality changes in purchased goods, and the introduction of new goods into the market place. The second essay deals with the pure theory of the national output deflator and provides a foundation for the measurement of real national output (or product). It shows that the usual inequalities relating Paasche and Laspeyres to the true index are reversed (from what they are in cost-of-living theory) for the case of production. It also assesses the implications of changing production possibilities caused by technological change or a change in factor supplies. This monograph will be a useful resource for mathematicians, economists, and others interested in economic theory and mathematical economics.
Publisher: Academic Press
ISBN: 1483271153
Category : Business & Economics
Languages : en
Pages : 134
Book Description
The Economic Theory of Price Indices: Two Essays on the Effects of Taste, Quality, and Technological Change is concerned with the effects of consumer taste, product quality, and technological change on price indices. Special attention is paid on technological change in the simple two-sector production model of Rybczynski and Uzawa. The effects of the general case of changing factor supplies and factor-augmenting change on the real national output deflator are also examined. Comprised of two essays, this book begins with an analysis of the pure theory of the true cost-of-living index, which may be considered as an idealization of indices like the consumer price index and others of that type. The essay explores how the true cost-of-living index is affected by changes in consumer taste, quality changes in purchased goods, and the introduction of new goods into the market place. The second essay deals with the pure theory of the national output deflator and provides a foundation for the measurement of real national output (or product). It shows that the usual inequalities relating Paasche and Laspeyres to the true index are reversed (from what they are in cost-of-living theory) for the case of production. It also assesses the implications of changing production possibilities caused by technological change or a change in factor supplies. This monograph will be a useful resource for mathematicians, economists, and others interested in economic theory and mathematical economics.
At What Price?
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309074428
Category : Political Science
Languages : en
Pages : 349
Book Description
How well does the consumer price index (CPI) reflect the changes that people actually face in living costsâ€"from apples to computers to health care? Given how it is used, is it desirable to construct the CPI as a cost-of-living index (COLI)? With what level of accuracy is it possible to construct a single index that represents changes in the living costs of the nation's diverse population? At What Price? examines the foundations for consumer price indexes, comparing the conceptual and practical strengths, weaknesses, and limitations of traditional "fixed basket" and COLI approaches. The book delves into a range of complex issues, from how to deal with the changing quality of goods and services, including difficult-to-define medical services, to how to weight the expenditure patterns of different consumers. It sorts through the key attributes and underlying assumptions that define each index type in order to answer the question: Should a COLI framework be used in constructing the U.S. CPI? In answering this question, the book makes recommendations as to how the Bureau of Labor Statistics can continue to improve the accuracy and relevance of the CPI. With conclusions that could affect the amount of your next pay raise, At What Price? is important to everyone, and a must-read for policy makers, researchers, and employers.
Publisher: National Academies Press
ISBN: 0309074428
Category : Political Science
Languages : en
Pages : 349
Book Description
How well does the consumer price index (CPI) reflect the changes that people actually face in living costsâ€"from apples to computers to health care? Given how it is used, is it desirable to construct the CPI as a cost-of-living index (COLI)? With what level of accuracy is it possible to construct a single index that represents changes in the living costs of the nation's diverse population? At What Price? examines the foundations for consumer price indexes, comparing the conceptual and practical strengths, weaknesses, and limitations of traditional "fixed basket" and COLI approaches. The book delves into a range of complex issues, from how to deal with the changing quality of goods and services, including difficult-to-define medical services, to how to weight the expenditure patterns of different consumers. It sorts through the key attributes and underlying assumptions that define each index type in order to answer the question: Should a COLI framework be used in constructing the U.S. CPI? In answering this question, the book makes recommendations as to how the Bureau of Labor Statistics can continue to improve the accuracy and relevance of the CPI. With conclusions that could affect the amount of your next pay raise, At What Price? is important to everyone, and a must-read for policy makers, researchers, and employers.
Price Indexes in Time and Space
Author: Luigi Biggeri
Publisher: Springer Science & Business Media
ISBN: 3790821403
Category : Business & Economics
Languages : en
Pages : 267
Book Description
This book deals with many of the most relevant topics in price index numbers theory and practice. The problem of the harmonization of CPIs and the time-space integration of baskets is analyzed at the Eu-zone level, with methodological and actual proposals on how to proceed for an overall treatment of the matte. Likewise, the construction of sub-indexes for households economic and social groups is investigated, in order to obtain specific inflation measurement instruments. Evidence from most updated databases is given. The questions of the spatial comparisons of price levels through PPPs and th.
Publisher: Springer Science & Business Media
ISBN: 3790821403
Category : Business & Economics
Languages : en
Pages : 267
Book Description
This book deals with many of the most relevant topics in price index numbers theory and practice. The problem of the harmonization of CPIs and the time-space integration of baskets is analyzed at the Eu-zone level, with methodological and actual proposals on how to proceed for an overall treatment of the matte. Likewise, the construction of sub-indexes for households economic and social groups is investigated, in order to obtain specific inflation measurement instruments. Evidence from most updated databases is given. The questions of the spatial comparisons of price levels through PPPs and th.
The Theory of Hedonic Quality Measurement and Its Use in Price Indexes
Author: Jack E. Triplett
Publisher:
ISBN:
Category : Price indexes
Languages : en
Pages : 68
Book Description
Publisher:
ISBN:
Category : Price indexes
Languages : en
Pages : 68
Book Description
Price indexes and quality change studies in new methods of measurement. ed. by g
Author: Zvi Griliches
Publisher:
ISBN:
Category :
Languages : en
Pages : 287
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 287
Book Description