Incorporating a geometric mean formula into the CPI

Monthly Labor Review

Volumn 121, Issue 10, 1998, Pages 3-7

  Dalton, Kenneth V ^a   Greenlees, John S ^a   Stewart, Kenneth J ^a  

^a NONE

Author keywords

[No Author keywords available]

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EID: 0040313544     PISSN: 00981818     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (16)

1. See, for example, "Improving CPI sample rotation procedures," Consumer Price Index Detailed Report (Bureau of Labor Statistics, October 1994), pp. 7-8.
2. Elaine M. Cardenas, "Revision of the CPI hospital services component," Monthly Labor Review, December 1996, pp. 40-48.
3. John S. Greenlees and Charles C. Mason, "Overview of the 1998 revision of the Consumer Price Index," Monthly Labor Review, December 1996, pp. 3-9.
4. "Using a hedonic model in the CPI to adjust personal computer prices for changes in quality," Consumer Price Index Detailed Report (Bureau of Labor Statistics, June 1997), p. 18.
5. See "Using a hedonic model to adjust television prices in the Consumer Price Index for changes in quality," Consumer Price Index Detailed Report (Bureau of Labor Statistics, June 1998), p. 5; and "Improvements to CPI procedures for handling utility refunds," Consumer Price Index Detailed Report (Bureau of Labor Statistics, July 1998, p. 5.
6. See "Using a hedonic model to adjust television prices in the Consumer Price Index for changes in quality," Consumer Price Index Detailed Report (Bureau of Labor Statistics, June 1998), p. 5; and "Improvements to CPI procedures for handling utility refunds," Consumer Price Index Detailed Report (Bureau of Labor Statistics, July 1998, p. 5.
7. Testimony of Katharine G. Abraham, Commissioner of Labor Statistics, before the Subcommittee on Human Resources of the House Committee on Government Reform and Oversight, Apr. 29, 1998.
8. Robert Cage, "New methodology for selecting CPI outlet samples," Monthly Labor Review, December 1996, pp. 49-61.
9. Recent empirical analyses of substitution across strata are presented in for example, Ana M. Aizcorbe and Patrick C. Jackman, "The commodity substitution effect in CPI data, 1982-91," Monthly Labor Review, December 1993, pp. 25-33; and Matthew D. Shapiro and David W. Wilcox, "Mismeasurement in the Consumer Price Index: An Evaluation," in Ben S. Bernanke and Julio J. Rotemberg, eds., NBER Macroeconomics Annual, 1996 (Cambridge, MA, MIT Press, 1996), pp. 93-142.
10. Recent empirical analyses of substitution across strata are presented in for example, Ana M. Aizcorbe and Patrick C. Jackman, "The commodity substitution effect in CPI data, 1982-91," Monthly Labor Review, December 1993, pp. 25-33; and Matthew D. Shapiro and David W. Wilcox, "Mismeasurement in the Consumer Price Index: An Evaluation," in Ben S. Bernanke and Julio J. Rotemberg, eds., NBER Macroeconomics Annual, 1996 (Cambridge, MA, MIT Press, 1996), pp. 93-142.
11. Brent R. Moulton, "Basic components of the CPI: estimation of price changes," Monthly Labor Review, December 1993, pp. 13-24. Among other recent papers that propound theoretical or empirical results concerning the geometric mean formula are W. Erwin Diewert, Axiomatic and Economic Approaches to Elementary Indexes, Working Paper No. 5104 (Cambridge, MA, National Bureau of Economic Research, May 1995); Marshall B. Reinsdorf and Brent R. Moulton, "The Construction of Basic Components of Cost-of-Living Indexes," in Timothy F. Bresnahan and Robert J. Gordon, eds., The Economics of New Goods (Chicago, University of Chicago Press, 1997); and Brent R. Moulton and Karin E. Smedley, "A Comparison of Estimators for Elementary Aggregates of the CPI." Paper presented at the Western Economic Association International Conference, San Diego, July 7, 1995.
12. Brent R. Moulton, "Basic components of the CPI: estimation of price changes," Monthly Labor Review, December 1993, pp. 13-24. Among other recent papers that propound theoretical or empirical results concerning the geometric mean formula are W. Erwin Diewert, Axiomatic and Economic Approaches to Elementary Indexes, Working Paper No. 5104 (Cambridge, MA, National Bureau of Economic Research, May 1995); Marshall B. Reinsdorf and Brent R. Moulton, "The Construction of Basic Components of Cost-of-Living Indexes," in Timothy F. Bresnahan and Robert J. Gordon, eds., The Economics of New Goods (Chicago, University of Chicago Press, 1997); and Brent R. Moulton and Karin E. Smedley, "A Comparison of Estimators for Elementary Aggregates of the CPI." Paper presented at the Western Economic Association International Conference, San Diego, July 7, 1995.
13. Brent R. Moulton, "Basic components of the CPI: estimation of price changes," Monthly Labor Review, December 1993, pp. 13-24. Among other recent papers that propound theoretical or empirical results concerning the geometric mean formula are W. Erwin Diewert, Axiomatic and Economic Approaches to Elementary Indexes, Working Paper No. 5104 (Cambridge, MA, National Bureau of Economic Research, May 1995); Marshall B. Reinsdorf and Brent R. Moulton, "The Construction of Basic Components of Cost-of-Living Indexes," in Timothy F. Bresnahan and Robert J. Gordon, eds., The Economics of New Goods (Chicago, University of Chicago Press, 1997); and Brent R. Moulton and Karin E. Smedley, "A Comparison of Estimators for Elementary Aggregates of the CPI." Paper presented at the Western Economic Association International Conference, San Diego, July 7, 1995.
14. Brent R. Moulton, "Basic components of the CPI: estimation of price changes," Monthly Labor Review, December 1993, pp. 13-24. Among other recent papers that propound theoretical or empirical results concerning the geometric mean formula are W. Erwin Diewert, Axiomatic and Economic Approaches to Elementary Indexes, Working Paper No. 5104 (Cambridge, MA, National Bureau of Economic Research, May 1995); Marshall B. Reinsdorf and Brent R. Moulton, "The Construction of Basic Components of Cost-of-Living Indexes," in Timothy F. Bresnahan and Robert J. Gordon, eds., The Economics of New Goods (Chicago, University of Chicago Press, 1997); and Brent R. Moulton and Karin E. Smedley, "A Comparison of Estimators for Elementary Aggregates of the CPI." Paper presented at the Western Economic Association International Conference, San Diego, July 7, 1995.
15. Advisory Commission to Study the Consumer Price Index, Toward a More Accurate Measure of the Cost of Living, Final Report to the Senate Finance Committee, Dec. 4, 1996.
16. The Experimental CPI Using Geometric Means (CPI-U-XG) (Bureau of Labor Statistics, Apr. 10, 1997).