Circular Error in Price Index Numbers Based on Scanner Data

2021 ◽  
Author(s):  
Antti Suoperä ◽  
Yrjö Vartia ◽  
Kristiina Nieminen ◽  
Satu Montonen
Keyword(s):  
Price Index ◽  
Scanner Data ◽  
Index Numbers

scholarly journals A RESEARCH PAPER ON A STUDY ON PRICE INDICES METHODS IN INDIA

2018 ◽  
Vol 1 (2) ◽  
pp. 15-25
Keyword(s):  
Price Index ◽  
Economic Conditions ◽  
Price Indices ◽  
Index Numbers ◽  
Price Changes ◽  
Price Fluctuations ◽  
The Real ◽  
The World ◽  
True Position ◽  
Scientific Tool

It is expected that the price index numbers which are universally used as the scientific tool of measures of price changes all over the world must reflect the real and true position of prices in economy every time since they are the only arithmetic source of measuring the price fluctuations and economic fluctuations thereby. But unfortunately, they do not seem to fulfill these expectations fully especially in India. Many times it has happened that price index numbers have failed in reflecting real economic conditions through price changes. So, this research is attempt to study all the different price indices model and try to find out the effective way out.

scholarly journals How Frequent Are Small Price Changes?

2014 ◽  
Vol 6 (2) ◽  
pp. 137-155 ◽  
Author(s):  
Martin Eichenbaum ◽  
Nir Jaimovich ◽  
Sergio Rebelo ◽  
Josephine Smith
Keyword(s):  
Price Index ◽  
Consumer Price Index ◽  
Empirical Work ◽  
Cost Models ◽  
Scanner Data ◽  
Micro Data ◽  
Price Changes ◽  
Nominal Rigidity ◽  
Menu Cost ◽  
Litmus Test

Recent empirical work suggests that small price changes are relatively common. This evidence has been used to criticize classic menu-cost models. In this paper, we use scanner data from a national supermarket chain and micro data from the Consumer Price Index to reassess the importance of small price changes. We argue that the vast majority of these changes are due to measurement error. We conclude that the evidence on the prevalence of small price changes is much too weak to be used as a litmus test of nominal rigidity models. (JEL C82, E31, L11, L81)

A computer software price index using scanner data

2005 ◽  
Vol 38 (3) ◽  
pp. 999-1017 ◽  
Author(s):  
Marc Prud'homme ◽  
Dimitri Sanga ◽  
Kam Yu
Keyword(s):  
Price Index ◽  
Computer Software ◽  
Scanner Data

New Swedish Price Index Numbers

1922 ◽  
Vol 18 (139) ◽  
pp. 396-397
Author(s):  
Ruth E. K. Peterson
Keyword(s):  
Price Index ◽  
Index Numbers
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