The Difference Between Hedonic Imputation Indexes and Time Dummy Hedonic Indexes:
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 ma...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2006
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Schriftenreihe: | IMF Working Papers
Working Paper No. 06/181 |
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. 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 |
Beschreibung: | 1 Online-Ressource (20 p) |
ISBN: | 1451864418 9781451864410 |
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spelling | Heravi, Saeed Verfasser aut The Difference Between Hedonic Imputation Indexes and Time Dummy Hedonic Indexes Heravi, Saeed Washington, D.C International Monetary Fund 2006 1 Online-Ressource (20 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 06/181 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 Online-Ausg Silver, Mick Sonstige oth http://elibrary.imf.org/view/IMF001/06885-9781451864410/06885-9781451864410/06885-9781451864410.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Heravi, Saeed The Difference Between Hedonic Imputation Indexes and Time Dummy Hedonic Indexes |
title | The Difference Between Hedonic Imputation Indexes and Time Dummy Hedonic Indexes |
title_auth | The Difference Between Hedonic Imputation Indexes and Time Dummy Hedonic Indexes |
title_exact_search | The Difference Between Hedonic Imputation Indexes and Time Dummy Hedonic Indexes |
title_exact_search_txtP | The Difference Between Hedonic Imputation Indexes and Time Dummy Hedonic Indexes |
title_full | The Difference Between Hedonic Imputation Indexes and Time Dummy Hedonic Indexes Heravi, Saeed |
title_fullStr | The Difference Between Hedonic Imputation Indexes and Time Dummy Hedonic Indexes Heravi, Saeed |
title_full_unstemmed | The Difference Between Hedonic Imputation Indexes and Time Dummy Hedonic Indexes Heravi, Saeed |
title_short | The Difference Between Hedonic Imputation Indexes and Time Dummy Hedonic Indexes |
title_sort | the difference between hedonic imputation indexes and time dummy hedonic indexes |
url | http://elibrary.imf.org/view/IMF001/06885-9781451864410/06885-9781451864410/06885-9781451864410.xml |
work_keys_str_mv | AT heravisaeed thedifferencebetweenhedonicimputationindexesandtimedummyhedonicindexes AT silvermick thedifferencebetweenhedonicimputationindexesandtimedummyhedonicindexes |