Hedonic Imputation Versus Time Dummy Hedonic Indexes:
Statistical offices try to match item models when measuring inflation between two periods. However, for product areas with a high turnover of differentiated models, the use of hedonic indexes is more appropriate since they include unmatched new and old models. There are two main competing approaches...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2007
|
Schriftenreihe: | IMF Working Papers
Working Paper No. 07/234 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | Statistical offices try to match item models when measuring inflation between two periods. However, for product areas with a high turnover of differentiated models, the use of hedonic indexes is more appropriate since they include unmatched new and old models. There are two main competing approaches to hedonic indexes are hedonic imputation (HI) indexes and dummy time hedonic (HD) indexes. This study provides a formal analysis of exactly why the results from the two approaches may differ and discusses the issue of choice between these approaches. An illustrative study for desktop PCs is provided |
Beschreibung: | 1 Online-Ressource (36 p) |
ISBN: | 1451867980 9781451867985 |
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index_date | 2024-07-03T20:13:24Z |
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spelling | Diewert, W. E. Verfasser aut Hedonic Imputation Versus Time Dummy Hedonic Indexes Diewert, W. E Washington, D.C International Monetary Fund 2007 1 Online-Ressource (36 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 07/234 Statistical offices try to match item models when measuring inflation between two periods. However, for product areas with a high turnover of differentiated models, the use of hedonic indexes is more appropriate since they include unmatched new and old models. There are two main competing approaches to hedonic indexes are hedonic imputation (HI) indexes and dummy time hedonic (HD) indexes. This study provides a formal analysis of exactly why the results from the two approaches may differ and discusses the issue of choice between these approaches. An illustrative study for desktop PCs is provided Online-Ausg Heravi, Saeed Sonstige oth Silver, Mick Sonstige oth http://elibrary.imf.org/view/IMF001/08771-9781451867985/08771-9781451867985/08771-9781451867985.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Diewert, W. E. Hedonic Imputation Versus Time Dummy Hedonic Indexes |
title | Hedonic Imputation Versus Time Dummy Hedonic Indexes |
title_auth | Hedonic Imputation Versus Time Dummy Hedonic Indexes |
title_exact_search | Hedonic Imputation Versus Time Dummy Hedonic Indexes |
title_exact_search_txtP | Hedonic Imputation Versus Time Dummy Hedonic Indexes |
title_full | Hedonic Imputation Versus Time Dummy Hedonic Indexes Diewert, W. E |
title_fullStr | Hedonic Imputation Versus Time Dummy Hedonic Indexes Diewert, W. E |
title_full_unstemmed | Hedonic Imputation Versus Time Dummy Hedonic Indexes Diewert, W. E |
title_short | Hedonic Imputation Versus Time Dummy Hedonic Indexes |
title_sort | hedonic imputation versus time dummy hedonic indexes |
url | http://elibrary.imf.org/view/IMF001/08771-9781451867985/08771-9781451867985/08771-9781451867985.xml |
work_keys_str_mv | AT diewertwe hedonicimputationversustimedummyhedonicindexes AT heravisaeed hedonicimputationversustimedummyhedonicindexes AT silvermick hedonicimputationversustimedummyhedonicindexes |