Using Hedonic Methods for Quality Adjustment in the CPI:The Consumer Audio Products Component - Softcover
Synopsis
There has been strong recommendation that the BLS explore the use of hedonic methods forquality adjustment in the Consumer Price Index (CPI) for decades. The Price Statistics ReviewCommittee (the Stigler Commission Report) in 1961 expressed the view that hedonic analysis would provide a “more objective” approach to addressing quality change than the BLS standard methods of dealing with this issue (Triplett (1990)). More recently, the Advisory Commission to Study theConsumer Price Index (the Boskin Commission Report, 1996) reiterated this recommendation,recognizing that accurate measures of quality change will enable a more accurate measure of pure price,or “cost-of-living” change. Categories of goods and services where quality changes are frequent andrelatively easy to identify are the best candidates for using hedonic methods, given that data can beacquired.
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Using Hedonic Methods for Quality Adjustment in the CPI:The Consumer Audio Products Component
Published by
CreateSpace Independent Publishing Platform, 2013
ISBN 10: 1491214538
ISBN 13: 9781491214534
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Softcover
Seller: California Books, Miami, FL, U.S.A.
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Using Hedonic Methods for Quality Adjustment in the CPI (Paperback)
Published by
Createspace Independent Publishing Platform, 2013
ISBN 10: 1491214538
ISBN 13: 9781491214534
New
Paperback
Seller: CitiRetail, Stevenage, United Kingdom
Seller rating 5 out of 5 stars
Paperback. Condition: new. Paperback. There has been strong recommendation that the BLS explore the use of hedonic methods forquality adjustment in the Consumer Price Index (CPI) for decades. The Price Statistics ReviewCommittee (the Stigler Commission Report) in 1961 expressed the view that hedonic analysis would provide a "more objective" approach to addressing quality change than the BLS standard methods of dealing with this issue (Triplett (1990)). More recently, the Advisory Commission to Study theConsumer Price Index (the Boskin Commission Report, 1996) reiterated this recommendation, recognizing that accurate measures of quality change will enable a more accurate measure of pure price, or "cost-of-living" change. Categories of goods and services where quality changes are frequent andrelatively easy to identify are the best candidates for using hedonic methods, given that data can beacquire This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. Seller Inventory # 9781491214534
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Using Hedonic Methods for Quality Adjustment in the CPI: The Consumer Audio Products Component
Published by
Createspace Independent Publishing Platform, 2013
ISBN 10: 1491214538
ISBN 13: 9781491214534
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Paperback / softback
Seller: THE SAINT BOOKSTORE, Southport, United Kingdom
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Paperback / softback. Condition: New. This item is printed on demand. New copy - Usually dispatched within 5-9 working days. Seller Inventory # C9781491214534
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