The Difference Between Hedonic Imputation Indexes and Time Dummy Hedonic Indexes

Author/creator Heravi, Saeed Author
Other author Silver, Mick Author
Format Electronic
Publication InfoWashington : International Monetary Fund
Description86 p.
Supplemental ContentFull text available from Ebook Central - Academic Complete

Summary Annotation Statistical offices try to match item models when measuring inflation between two periods. for product areas with a high turnover of differentiated models, however, the use of hedonic indexes is more appropriate since they include the prices and quantities of unmatched new and old models. the two main approaches to hedonic indexes are hedonic imputation (HI) indexes and dummy time hedonic (DTH) indexes. This study provides a formal analysis of the difference between the two approaches for alternative implementations of the Trnqvist superlative index. It shows why the results may differ and discusses the issue of choice between these approaches.
Access restrictionAvailable only to authorized users.
Technical detailsMode of access: World Wide Web
Genre/formElectronic books.
ISBN9781451988208
ISBN1451988206 (E-Book) Active Record
Stock number00013468