Handbook on Hedonic Indexes and Quality Adjustments in Price Indexes Special Application to Information Technology Products PDF Download

Author: Triplett Jack
Publisher: OECD Publishing
ISBN: 9264028153
Category :
Languages : en
Pages : 260

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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.

Author:
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description

Author: Triplett Jack
Publisher: OECD Publishing
ISBN: 9264028153
Category :
Languages : en
Pages : 258

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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.

Author: Anna Król
Publisher: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
ISBN: 8376957902
Category : Business & Economics
Languages : en
Pages : 133

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Book Description
The measurement of price dynamics is by no means new endeavourin the official statistics but the process of establishing accurate price changes in time still remains challenging in many areas. One such demanding field is the application of appropriate techniques in price index development for providing amendments reflecting quality differences which might occur in the compared commodities. The book presents results of research on the applicability of hedonic methods in adjusting price indices to changes in the goods quality and test the techniques used for hedonic price indices construction using the data sets for various groups of heterogeneous goods, including used automobiles, appartments, household appliances and ICT goods.

Author: W. Erwin Diewert
Publisher: University of Chicago Press
ISBN: 0226148572
Category : Business & Economics
Languages : en
Pages : 531

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Book Description
Although inflation is much feared for its negative effects on the economy, how to measure it is a matter of considerable debate that has important implications for interest rates, monetary supply, and investment and spending decisions. Underlying many of these issues is the concept of the Cost-of-Living Index (COLI) and its controversial role as the methodological foundation for the Consumer Price Index (CPI). Price Index Concepts and Measurements brings together leading experts to address the many questions involved in conceptualizing and measuring inflation. They evaluate the accuracy of COLI, a Cost-of-Goods Index, and a variety of other methodological frameworks as the bases for consumer price construction.

Author: OECD
Publisher: OECD Publishing
ISBN: 9264113541
Category :
Languages : en
Pages : 208

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Book Description
This Guide to Measuring the Information Society is a compilation of concepts, definitions, classifications and methods for information society measurement and analysis.

Author: Ana M. Aizcorbe
Publisher: OUP Oxford
ISBN: 0191006815
Category : Business & Economics
Languages : en
Pages : 160

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Book Description
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.

Author: International Labour Office
Publisher: International Labour Organization
ISBN: 9789221136996
Category : Business & Economics
Languages : en
Pages : 578

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Book Description
The consumer price index (CPI) measures the rate at which prices of consumer goods and services change over time. It is used as a key indicator of economic performance, as well as in the setting of monetary and socio-economic policy such as indexation of wages and social security benefits, purchasing power parities and inflation measures. This manual contains methodological guidelines for statistical offices and other agencies responsible for constructing and calculating CPIs, and also examines underlying economic and statistical concepts involved. Topics covered include: expenditure weights, sampling, price collection, quality adjustment, sampling, price indices calculations, errors and bias, organisation and management, dissemination, index number theory, durables and user costs.

Author: OECD
Publisher: OECD Publishing
ISBN: 9264030042
Category :
Languages : en
Pages : 152

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Book Description
Complements the International Producer Price Index Manual (PPI Manual) published by the IMF in 2004, by adding detailed descriptions of PPI measurement in a series of specific service industries.

Author: OECD
Publisher: OECD Publishing
ISBN: 9264220674
Category :
Languages : en
Pages : 436

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Book Description
This second edition of the SPPI Guide develops further the conceptual framework and adds detailed descriptions of PPI measurement for a wide range of individual service industries.