Chain indices of the cost-of-living and the path-dependence problem: an empirical solution

DOI10.1016/J.JECONOM.2008.02.001zbMath1418.62526OpenAlexW2102725940MaRDI QIDQ292160

Nicholas Oulton

Publication date: 10 June 2016

Published in: Journal of Econometrics (Search for Journal in Brave)

Full work available at URL: http://cep.lse.ac.uk/pubs/download/dp0797.pdf

zbMATH Keywords

chainindex numberpath-dependencealmost ideal demand systemcost of livingdivisiaKonüs

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Statistical methods; economic indices and measures (91B82)

Related Items (3)

A geometrical imaging of the real gap between economies of China and the United States ⋮ Understanding the space-time (in)consistency of the national accounts ⋮ CONSISTENT COMPARISONS OF REAL INCOMES ACROSS TIME AND SPACE

Uses Software

• Stata
• ivreg2

Cites Work

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• Exact and superlative index numbers
• An exact price index for the almost ideal demand system
• The Elasticity of Derived Net Supply and a Generalized Le Chatelier Principle
• Divisia Index Numbers
• Axiomatic Price Index Theory: A Survey
• Divisia price and quantity indices: 80 years after

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