Download or read book Price Imputation and Other Techniques for Dealing with Missing Observations Seasonality and Quality Change in Price Indices written by Mr.Paul A. Armknecht and published by International Monetary Fund. This book was released on 1999-06-01 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Price index compilers frequently face situations where price observations are missing due to seasonal unavailability, supply shortages, or the discontinuation of products. Incorrect treatment of such situations can result in biased price indices. This paper presents statistical imputation techniques that index compilers can use to prevent bias and suggests the extension of these same techniques to assist with adjustments for quality differences. The use of additional procedures for dealing with some of the problems caused by seasonal commodities is also discussed.
Download or read book Handbook on Hedonic Indexes and Quality Adjustments in Price Indexes Special Application to Information Technology Products written by Triplett Jack and published by OECD Publishing. This book was released on 2006-09-21 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Export and Import Price Index Manual Theory and Practice written by OECD and published by OECD Publishing. This book was released on 2010-04-06 with total page 705 pages. Available in PDF, EPUB and Kindle. Book excerpt: A joint production by six international organizations, this manual explores the conceptual and theoretical issues that national statistical offices should consider in the daily compilation of export and import price indices. Intended for use by both ...
Download or read book Imputation and Price Indexes written by Robert C Feenstra and published by CreateSpace. This book was released on 2013-07-31 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Published price indexes are nearly always constructed from individual prices collected by somesampling framework, were the samples are chosen, in part, to minimize the time and expenseinvolved in collecting the prices. In particular, the time spent by reporting firms or consumers isquite rightly treated as precious. It is inevitable that questionnaires sent out in repeated monthswill sometimes not be returned. For example, about one-quarter of the individual items trackedunder the International Price Program (IPP) of the Bureau of Labor Statistics (BLS) do not report a price in any given month, though of these, about 60% eventually supply a price quote for thatmonth or a later month.
Download or read book Producer Price Index Manual written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-09-03 with total page 698 pages. Available in PDF, EPUB and Kindle. Book excerpt: The producer price index (PPI) measures the rate at which the prices of producer goods and services are changing overtime. It is a key statistic for economic and business decision making and inflation monitoring. The Producer Price Index Manual: Theory and Practice provides clear, up-to-date guidance on the concepts, uses, methods, and economic theory of the PPI, including information on classifications, sources, compilation techniques, and analytical uses of the PPI. The Manual supersedes the previous international guidance on PPIs (available in the Manual on Producers’ Price Indices for Industrial Goods, published by the United Nations Statistics Division in 1979). The Manual's conceptual framework derives from the System of National Accounts1993 and recent developments in index number theory. Preparation of the Manual was undertaken by the Intersecretariat Working Group on Price Statistics through a technical expert group chaired by the IMF and involving representatives from the ILO, the OECD, the UN Economic Commission for Europe, the World Bank, national statistical offices, and academic institutions.
Download or read book Price Indexes in Time and Space written by Luigi Biggeri and published by Springer Science & Business Media. This book was released on 2010-07-03 with total page 267 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Consumer Price Index Revision Reference Checklists written by and published by . This book was released on 1996 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Consumer Price Index Commodities and Services Data Collection Manual CPI Revision written by and published by . This book was released on 1986 with total page 722 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Consumer Price Index Manual written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-08-25 with total page 574 pages. Available in PDF, EPUB and Kindle. Book excerpt: The consumer price index (CPI) measures the rate at which the prices of consumer goods and services are changing over time. It is a key statistic for economic and social policymaking and has substantial and wide-ranging implications for governments, businesses, and households. This important and comprehensive Manual provides guidelines for statistical offices and other agencies responsible for constructing CPIs, and explains in-depth the methods that are used to calculate a CPI. It also examines the underlying economic and statistical concepts and principles needed for making choices in efficient and cost-effective ways, and for appreciating the full implications of those choices.
Download or read book Price Indexes and Quality Change written by Board of Governors of the Federal Reserve System (U.S.). Price Statistics Committee and published by Cambridge, Mass. : Harvard University Press. This book was released on 1971 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book A Practical Guide to Price Index and Hedonic Techniques written by Ana M. Aizcorbe and published by OUP Oxford. This book was released on 2014-06-12 with total page 133 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an accessible guide to price index and hedonic techniques, with a focus on how to best apply these techniques and interpret the resulting measures. One goal of this book is to provide first-hand experience at constructing these measures, with guidance on practical issues such as what the ideal data would look like and how best to construct these measures when the data are less than ideal. A related objective is to fill the wide gulf between the necessarily simplistic elementary treatments in textbooks and the very complex discussions found in the theoretical and empirical measurement literature. Here, the theoretical results are summarized in an intuitive way and their numerical importance is illustrated using data and results from existing studies. Finally, while the aim of much of the existing literature is to better understand official price indexes like the Consumer Price Index, the emphasis here is more practical: to provide the needed tools for individuals to apply these techniques on their own. As new datasets become increasingly accessible, tools like these will be needed to obtain summary price measures. Indeed, these techniques have been applied for years in antitrust cases that involve pricing, where economic experts typically have access to large, granular datasets.
Download or read book Data Collection Manual written by and published by . This book was released on 1998 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Cyclical Behavior of Prices written by Geoffrey Hoyt Moore and published by . This book was released on 1971 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Imputation and Price Indexes written by Robert C. Feenstra and published by . This book was released on 2001 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Measuring Price Changes written by William Hall Wallace and published by . This book was released on 1979 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book IMF Research Bulletin written by and published by . This book was released on 2004 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Malta written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-08-18 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: The quality of the macroeconomic statistics for Malta has improved significantly in recent years, particularly as a result of the legal and institutional restructuring of the National Statistics Office (NSO). These changes were made in an effort to respond more effectively to the needs of users and to comply with new data-reporting requirements of the European Union (EU). These improvements have brought Malta’s statistical practices in line with internationally accepted standards and practices in a number of statistical areas.
