|
|
|
Registros recuperados: 11 | |
|
| |
|
| |
|
| |
|
|
Shoesmith, Gary L.. |
This study shows that higher inflation is associated with increased inflation dispersion across U.S. cities and regions. Regression analysis indicates that cross-regional inflation variability is positively related to both inflation and inflation expectations based on consumer price inflation for 18 U.S. cities. Similar results are obtained after excluding five of the 18 cities that may be disproportionately impacted by energy shocks. In addition, cointegration analysis shows greater cross-regional price dispersion over time during the higher inflation period of 1978-1987 than during 1988-1997. These findings suggest that high inflation is associated with greater uncertainty for businesses and policy makers. |
Tipo: Journal Article |
Palavras-chave: Urban inflation; Friedman's Hypothesis; Cointegration; Financial Economics; E30; E31. |
Ano: 2007 |
URL: http://purl.umn.edu/50156 |
| |
|
| |
|
| |
|
| |
|
|
Banzhaf, H. Spencer. |
This paper illustrates how public goods may be incorporated into a cost-of-living index. When public goods are weak complements to a market good, quality-adjusted prices for the market good capture all the welfare information required. They are also consistent with a Laspeyres index that maintains the bound on a true cost-of-living index. The paper recovers this information from a discrete-choice model, using a simulation routine to solve for the appropriate price adjustments. These concepts are applied to the case of housing, education, crime, and air quality in Los Angeles for 1989 to 1994. Over a period of time when they are improving, incorporating pubic goods into the index lowers the estimated change in the cost of living by 0.5 to 2.6 percentage... |
Tipo: Working or Discussion Paper |
Palavras-chave: Air quality; Discrete choice models; Green accounting; Nonmarket valuation; Price index; Public Economics; C51; D12; D60; E31; H40; R10. |
Ano: 2002 |
URL: http://purl.umn.edu/10833 |
| |
|
|
Escobal D'Angelo, Javier; Castillo, Marco. |
La posible sobrevaluación del Indice de Precios al Consumidor de Lima Metropolitana ha sido un problema que ha venido preocupando tanto a académicos como a tomadores de decisiones y a la opinión pública en general desde hace ya algún tiempo. Muchos desconocen que la sobreestimación del Producto Bruto Interno per cápita y del retraso cambiario, o la subestimación de la presión tributaria, tiene su origen en el mismo problema de medición del IPC. Sin embargo, la existencia de dichos sesgos es reconocida cada vez más como asuntos que necesitan ser urgentemente abordados y solucionados. Entender la naturaleza exacta de estos problemas es indispensable si se pretende corregirlos adecuadamente. Este documento parte de la teoría de los índices del costo de vida... |
Tipo: Working or Discussion Paper |
Palavras-chave: Indices de precios; Inflacion; Peru; Price indexes; Inflation; Financial Economics; E31. |
Ano: 1994 |
URL: http://purl.umn.edu/42246 |
| |
|
| |
Registros recuperados: 11 | |
|
|
|