The Role of the Hamiltonian in Dynamic Price Index Theory
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Alchian, Armen A & Klein, Benjamin, 1973. "On a Correct Measure of Inflation," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 5(1), pages 173-191, Part I Fe.
- Pollak, Robert A, 1975. "Subindexes in the Cost of Living Index," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 16(1), pages 135-150, February.
- Goodhart, Charles, 2001. "What Weight Should Be Given to Asset Prices in the Measurement of Inflation?," Economic Journal, Royal Economic Society, vol. 111(472), pages 335-356, June.
- Martin L. Weitzman, 2001. "A Contribution to the Theory of Welfare Accounting," Scandinavian Journal of Economics, Wiley Blackwell, vol. 103(1), pages 1-23, March.
- Gillingham, Robert, 1983. "Measuring the Cost of Shelter for Homeowners: Theoretical and Empirical Considerations," The Review of Economics and Statistics, MIT Press, vol. 65(2), pages 254-265, May.
- H. S. Houthakker, 1952. "Compensated Changes in Quantities and Qualities Consumed," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 19(3), pages 155-164.
- Li, Chuan-Zhong & Löfgren, Karl-Gustaf, 2002. "On the Choice of Metrics in Dynamic Welfare Analysis: Utility versus Money Measures," Umeå Economic Studies 590, Umeå University, Department of Economics.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Li, Chuan Zhong & Löfgren, Karl-Gustaf, 2006. "Money Metrics Welfare Measures in Imperfect Markets under Growth," Umeå Economic Studies 694, Umeå University, Department of Economics.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Reis, Ricardo, 2005. "A cost-of-living dynamic price index, with an application to indexing retirement accounts," CEPR Discussion Papers 5394, C.E.P.R. Discussion Papers.
- Ricardo Reis, 2005. "A Dynamic Measure of Inflation," NBER Working Papers 11746, National Bureau of Economic Research, Inc.
- Stephen Bell & John Quiggin, 2006.
"Asset Price Instability and Policy Responses: The Legacy of Liberalization,"
Journal of Economic Issues, Taylor & Francis Journals, vol. 40(3), pages 629-649, September.
- Bell, Stephen & Quiggin, John, 2003. "Asset Price Instability and Policy Responses: The Legacy of Liberalisation," Risk and Sustainable Management Group Working Papers 151505, University of Queensland, School of Economics.
- Stephen Bell & John Quiggin, 2004. "Asset Price Instability and Policy Responses: The Legacy of Liberalisation," Australian Public Policy Program Working Papers WPP04_3, Risk and Sustainable Management Group, University of Queensland.
- Li, Chuan-Zhong & Löfgren, Karl-Gustaf, 2012. "Growth, Pollution, and Money-Metric Welfare in Imperfect Markets," CERE Working Papers 2012:15, CERE - the Center for Environmental and Resource Economics.
- Geir B. Asheim, 2003.
"Green national accounting for welfare and sustainability:A Taxonomy Of Assumptions And Results,"
Scottish Journal of Political Economy, Scottish Economic Society, vol. 50(2), pages 113-130, May.
- Geir B. Asheim, 2002. "Green National Accounting for Welfare and Sustainability: A Taxonomy of Assumptions and Results," CESifo Working Paper Series 827, CESifo.
- Asheim, Geir, 2003. "Green national accounting for welfare and sustainability: A taxonomy of assumptions and results," Memorandum 31/2002, Oslo University, Department of Economics.
- Allen-Coughlan, Matthew & Coffey, Cathal & Martinez-Cillero, Maria & Kostarakos, Ilias & McQuinn, Kieran & O’Toole, Conor, 2020. "Estimating the cost of Irish housing for the CPI: A rental equivalence approach," Papers WP676, Economic and Social Research Institute (ESRI).
- Abdelaziz Rouabah, 2007. "L'inflation et la rentabilité des actions : une relation énigmatique et un casse-tête pour les banques centrales," Économie et Prévision, Programme National Persée, vol. 177(1), pages 19-34.
- Asheim, Geir B., 2007.
"Can NNP be used for welfare comparisons?,"
Environment and Development Economics, Cambridge University Press, vol. 12(1), pages 11-31, February.
- Asheim, Geir B., 2005. "Can NNP be used for welfare comparisons?," Memorandum 24/2005, Oslo University, Department of Economics.
- Li, Chuan-Zhong & Lofgren, Karl-Gustaf, 2006.
"Comprehensive NNP, social welfare, and the rate of return,"
Economics Letters, Elsevier, vol. 90(2), pages 254-259, February.
- Li, Chuan-Zhong & Löfgren, Karl-Gustaf, 2004. "Comprehensive NNP, Social Welfare, and the Rate of Return," Umeå Economic Studies 640, Umeå University, Department of Economics, revised 04 Dec 2006.
- Alexandros Kontonikas & Alberto Montagnoli, 2004.
"Has Monetary Policy Reacted to Asset Price Movements? Evidence from the UK,"
Ekonomia, Cyprus Economic Society and University of Cyprus, vol. 7(1), pages 18-33, Summer.
- A. Kontonikas & A. Montagnoli, 2002. "Has Monetary Policy Reacted To Asset Price Movements: Evidence From The Uk," Public Policy Discussion Papers 02-11, Economics and Finance Section, School of Social Sciences, Brunel University.
- A. Kontonikas & A. Montagnoli, 2002. "Has Monetary Policy Reacted To Asset Price Movements: Evidence From The Uk," Economics and Finance Discussion Papers 02-11, Economics and Finance Section, School of Social Sciences, Brunel University.
- Asheim, Geir B., 2005. "Welfare comparisons between societies with different population sizes and environmental characteristics," Memorandum 25/2005, Oslo University, Department of Economics.
- Ludovic Aubert & Didier Eyssartier, 2002. "Commentaire de l'article de G. Levieuge," Revue Française d'Économie, Programme National Persée, vol. 16(4), pages 61-79.
- Jan-Egbert Sturm & Wolfgang Nierhaus, 2003. "Soll die Europäische Zentralbank auf Preisänderungen von Vermögenswerten reagieren?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 56(01), pages 54-55, January.
- repec:grz:wpaper:2019-05 is not listed on IDEAS
- Mojmir Hampl & Tomas Havranek, 2017. "Should Inflation Measures Used by Central Banks Incorporate House Prices? The Czech Approach," Working Papers IES 2017/12, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised Jul 2017.
- Abdelaziz Rouabah, 2006. "L'identité de Fisher et l'interaction entre l'inflation et la rentabilité des actions: l'importance des régimes sous-jacents aux marchés boursiers," BCL working papers 18, Central Bank of Luxembourg.
- Nicola Amendola & Giovanni Vecchi, 2022. "Durable goods and welfare measurement," Journal of Economic Surveys, Wiley Blackwell, vol. 36(4), pages 1179-1211, September.
- Geir B. Asheim, 2010.
"Global welfare comparisons,"
Canadian Journal of Economics, Canadian Economics Association, vol. 43(4), pages 1412-1432, November.
- Geir B. Asheim, 2010. "Global welfare comparisons," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 43(4), pages 1412-1432, November.
- Tomas Havranek & Mojmir Hampl, 2017. "Should Inflation Measures Used by Central Banks Incorporate House Prices? The Czech National Bank's Approach," Research and Policy Notes 2017/01, Czech National Bank.
- Thomas Aronsson, 2010. "Welfare Measurement, Involuntary Unemployment, And Heterogeneity," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 56(3), pages 559-571, September.
- Cairns, Robert D. & Lasserre, Pierre, 2006. "Implementing carbon credits for forests based on green accounting," Ecological Economics, Elsevier, vol. 56(4), pages 610-621, April.
More about this item
Keywords
Dynamic index theory; Hamiltonian; ideal deflator;All these keywords.
JEL classification:
- D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MAC-2004-02-23 (Macroeconomics)
- NEP-MIC-2004-02-23 (Microeconomics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hhs:umnees:0626. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: David Skog (email available below). General contact details of provider: https://edirc.repec.org/data/inumuse.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.