2 options
The Difference Between Hedonic Imputation Indexes and Time Dummy Hedonic Indexes / Saeed Heravi, Mick Silver.
- Format:
- Book
- Government document
- Author/Creator:
- Heravi, Saeed.
- Series:
- IMF Working Papers; Working Paper ; No. 2006/181
- IMF Working Papers
- Language:
- English
- Subjects (All):
- Inflation (Finance).
- Price indexes.
- Physical Description:
- 1 online resource (20 p.)
- Edition:
- 1st ed.
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2006.
- Language Note:
- English
- Summary:
- Statistical offices try to match item models when measuring inflation between two periods. For product areas with a high turnover of differentiated models, however, the use of hedonic indexes is more appropriate since they include the prices and quantities of unmatched new and old models. The two main approaches to hedonic indexes are hedonic imputation (HI) indexes and dummy time hedonic (DTH) indexes. This study provides a formal analysis of the difference between the two approaches for alternative implementations of the Törnqvist "superlative" index. It shows why the results may differ and discusses the issue of choice between these approaches.
- Contents:
- ""Contents""; ""I. INTRODUCTION""; ""II. HEDONIC INDEXES""; ""III. WHY HEDONIC IMPUTATION AND DUMMY TIME HEDONIC INDEXES DIFFER""; ""IV. CHOICE BETWEEN HEDONIC INDEXES AND DUMMY TIME HEDONIC INDEXES""; ""V. CONCLUSIONS""; ""References""
- Notes:
- "July 2006".
- Description based on print version record.
- ISBN:
- 9786613823304
- 9781462360901
- 1462360904
- 9781452725925
- 1452725926
- 9781283071086
- 1283071088
- 9781451988208
- 1451988206
- OCLC:
- 694141076
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.