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The Substitution Bias of the Laspeyres Price Index: An Analysis Using Estimated Cost-of-Living Indexes

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Cited by:

  1. Hyun Son & Nanak Kakwani, 2006. "Measuring the impact of prices on inequality: With applications to Thailand and Korea," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 4(2), pages 181-207, August.
  2. Sato, Misato & Singer, Gregor & Dussaux, Damien & Lovo, Stefania, 2019. "International and sectoral variation in industrial energy prices 1995–2015," Energy Economics, Elsevier, vol. 78(C), pages 235-258.
  3. Muller, Christophe, 2002. "Prices and living standards: evidence for Rwanda," Journal of Development Economics, Elsevier, vol. 68(1), pages 187-203, June.
  4. Clements, Kenneth W & Izan, H Y, 1987. "The Measurement of Inflation: A Stochastic Approach," Journal of Business & Economic Statistics, American Statistical Association, vol. 5(3), pages 339-350, July.
  5. David E. Lebow & Jeremy B. Rudd, 2003. "Measurement Error in the Consumer Price Index: Where Do We Stand?," Journal of Economic Literature, American Economic Association, vol. 41(1), pages 159-201, March.
  6. Sologon, Denisa Maria & O'Donoghue, Cathal & Linden, Jules & Kyzyma, Iryna & Loughrey, Jason, 2022. "Welfare and Distributional Impact of Soaring Prices in Europe," IZA Discussion Papers 15738, Institute of Labor Economics (IZA).
  7. Christophe Muller, 2005. "Poverty and inequality under income and price dispersions," Canadian Journal of Economics, Canadian Economics Association, vol. 38(3), pages 979-998, August.
  8. Dusan Paredes Araya & Victor Iturra Rivera, 2013. "Substitution bias and the construction of a spatial cost of living index," Papers in Regional Science, Wiley Blackwell, vol. 92(1), pages 103-117, March.
  9. Unayama, Takashi, 2004. "Upward bias in the consumer price index under the zero-inflation economy," Economics Letters, Elsevier, vol. 85(1), pages 139-144, October.
  10. Laura Blow & Ian Crawford, 1999. "A non-parametric bound on substitution bias in the UK retail prices index," IFS Working Papers W99/15, Institute for Fiscal Studies.
  11. Hyun H. Son & Nanak Kakwani, 2006. "Measuring the impact of prices on inequality: with applications to Thailand and Korea," Working Papers 11, International Policy Centre for Inclusive Growth.
  12. Jack E. Triplett, 1983. "Introduction: An Essay on Labor Cost," NBER Chapters, in: The Measurement of Labor Cost, pages 1-60, National Bureau of Economic Research, Inc.
  13. Laura H. Atuesta & Dusan Paredes Araya, 2012. "A spatial cost of living index for Colombia using a microeconomic approach and censored data," Applied Economics Letters, Taylor & Francis Journals, vol. 19(18), pages 1799-1805, December.
  14. Cook, Jonathan Aaron, 2013. "Does Chinese Inflation Understate Cost of Living?," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150571, Agricultural and Applied Economics Association.
  15. Hoffmann, Johannes, 1998. "Problems of inflation measurement in Germany," Discussion Paper Series 1: Economic Studies 1998,01e, Deutsche Bundesbank.
  16. Jack E. Triplett, 1982. "Concepts of Quality in Input and Output Price Measures: A Resolution of the User-Value Resource-Cost Debate," NBER Chapters, in: The U.S. National Income and Product Accounts: Selected Topics, pages 269-312, National Bureau of Economic Research, Inc.
  17. Shane Greenstein & Ryan C. McDevitt, 2009. "The Broadband Bonus: Accounting for Broadband Internet's Impact on U.S. GDP," NBER Working Papers 14758, National Bureau of Economic Research, Inc.
  18. repec:pts:wpaper:c1 is not listed on IDEAS
  19. Matthew D. Shapiro & David W. Wilcox, 1997. "Alternative strategies for aggregating prices in the CPI," Review, Federal Reserve Bank of St. Louis, issue May, pages 113-125.
  20. Gharibnavaz, M. Reza & Waschik, Robert, 2012. "A General Equilibrium Analysis of Alternative Scenarios for Food and Energy Subsidy Reforms in Iran," Conference papers 332241, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
  21. Michael F. Bryan & Stephen G. Cecchetti, 1993. "The consumer price index as a measure of inflation," Economic Review, Federal Reserve Bank of Cleveland, vol. 29(Q IV), pages 15-24.
  22. Rodrigo Lluberas, 2018. "Life‐Cycle Expenditure and Retirees’ Cost of Living," Fiscal Studies, John Wiley & Sons, vol. 39(3), pages 385-415, September.
  23. Marshall Reinsdorf & Jack E. Triplett, 2009. "A Review of Reviews: Ninety Years of Professional Thinking About the Consumer Price Index," NBER Chapters, in: Price Index Concepts and Measurement, pages 17-83, National Bureau of Economic Research, Inc.
  24. Alexandru Voicu & Michael L. Lahr, 2004. "Expenditure-based Interarea Cost of Living Index," Urban/Regional 0403006, University Library of Munich, Germany.
  25. Osbat, Chiara & Conflitti, Cristina & Eiglsperger, Martin & Goldhammer, Bernhard & Kuik, Friderike & Menz, Jan-Oliver & Rumler, Fabio & Moreno, Marta Saez & Segers, Lina & Wieland, Elisabeth & Bellocc, 2023. "Measuring inflation with heterogeneous preferences, taste shifts and product innovation: methodological challenges and evidence from microdata," Occasional Paper Series 323, European Central Bank.
  26. Misato Sato & Gregor Singer & Damien Dussaux & Stefania Lovo, 2015. "International and sectoral variation in energy prices 1995-2011: how does it relate to emissions policy stringency?," GRI Working Papers 187, Grantham Research Institute on Climate Change and the Environment.
  27. Lieu, Pang-Tien & Liang, Jung-Hui & Chen, Jui-Hui, 2008. "Consumer preferences and cost of living in Taiwan," Journal of Asian Economics, Elsevier, vol. 19(3), pages 224-235, June.
  28. Edgar caicedo, 2000. "Problemas En La Medición Del Ipc, El Caso Colombiano," Borradores de Economia 3381, Banco de la Republica.
  29. Anthony J. Barkume, 1996. "A Note On Escalation Requirements, Cost-of-Living Comparisons, and Homeownership Costs," Public Finance Review, , vol. 24(1), pages 75-87, January.
  30. Carrascal Arranz, U. & Pérez Domínguez, C., 1998. "Peculiaridades de la demanda de la Tercera Edad en España. Elaboración de un índice de precios propio," Estudios de Economia Aplicada, Estudios de Economia Aplicada, vol. 10, pages 39-56, Diciembre.
  31. Gordon, Robert-J, 1999. "The Boskin Commission Report and Its Aftermath," Monetary and Economic Studies, Institute for Monetary and Economic Studies, Bank of Japan, vol. 17(3), pages 41-68, December.
  32. Michael J. Boskin, 1998. "Consumer Prices, the Consumer Price Index, and the Cost of Living," Journal of Economic Perspectives, American Economic Association, vol. 12(1), pages 3-26, Winter.
  33. Petter Frenger, 2006. "The substitution bias of the consumer price index," Discussion Papers 451, Statistics Norway, Research Department.
  34. Abe C. Dunn & Scott D. Grosse & Samuel H. Zuvekas, 2016. "Adjusting Health Expenditures for Inflation: A Review of Measures for Health Services Research in the United States," BEA Papers 0109, Bureau of Economic Analysis.
  35. Robert J. Gordon, 2000. "The Boskin Commission Report and its Aftermath," NBER Working Papers 7759, National Bureau of Economic Research, Inc.
  36. Capps, Oral, Jr., 1983. "Alternative Estimation Methods Of Nonlinear Demand Systems," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 8(1), pages 1-14, July.
  37. R. A. Somerville, 2004. "Changes in Relative Consumer Prices and the Substitution Bias of the Laspeyres Price Index - Ireland, 1985-2001," The Economic and Social Review, Economic and Social Studies, vol. 35(1), pages 55-82.
  38. Semieniuk, Gregor, 2024. "Inconsistent definitions of GDP: Implications for estimates of decoupling," Ecological Economics, Elsevier, vol. 215(C).
  39. Lai, Pingyao & Zhu, Tian, 2022. "Deflating China's nominal GDP: 2004–2018," China Economic Review, Elsevier, vol. 71(C).
  40. Alastair Cunningham, 1996. "Measurement Bias in Price Indices: An Application to the UK's RPI," Bank of England working papers 47, Bank of England.
  41. Steven A. Cobb, 1991. "Substitution Bias and Cost of Living Variability for U.S. Demographic Groups:," American Journal of Economics and Sociology, Wiley Blackwell, vol. 50(1), pages 85-97, January.
  42. Atuesta, Laura & Paredes, Araya, 2011. "A Spatial Cost of Living Index for Colombia using a Microeconomic Approach and Censored Data," MPRA Paper 30580, University Library of Munich, Germany.
  43. Bart Hobijn, 2002. "On both sides of the quality bias in price indexes," Staff Reports 157, Federal Reserve Bank of New York.
  44. Edgar Caicedo, 2000. "Problemas en la medición del IPC, el Caso Colombiano," Borradores de Economia 152, Banco de la Republica de Colombia.
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