Description |
1 online resource (x, 393 pages) : illustrations |
Series |
Studies in income and wealth ; v. 64 |
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Studies in income and wealth ; v. 64.
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Contents |
Using scanner data to improve the quality of measurement in the Consumer Price Index / William J. Hawkes and Frank W. Piotrowski -- Scanner indexes for the Consumer Price Index / David H. Richardson -- Price collection and quality assurance of item sampling in the Retail Prices Index / David Fenwick [and others] -- Estimating price movements for consumer durables using electronic retail transactions data / Robin Lowe and Candace Ruscher -- High-frequency substitution and the measurement of price indexes / Robert C. Feenstra and Matthew D. Shapiro -- What can the price gap between branded and private-label products tell us about markups? / Robert Barsky [and others] -- Long shadow of patent expiration / Ernst R. Berndt, Margaret K. Kyle, and Davina C. Ling -- Measurement of quality-adjusted price changes / Mick Silver and Saeed Heravi -- Hedonic regressions / Erwin Diewert -- Price index estimation using price imputation for unsold items / Ralph Bradley |
Summary |
This book assesses both the promise and the challenges of using scanner data to produce economic statistics. Three chapters present the results of work in progress at statistical agencies in the U.S., United Kingdom, and Canada, including a project at the U.S. Bureau of Labor Statistics to investigate the feasibility of incorporating scanner data into the monthly Consumer Price Index. Other chapters demonstrate the enormous potential of using scanner data to test economic theories and estimate the parameters of economic models, and provide solutions for some of the problems that arise when using scanner data, such as dealing with missing data |
Bibliography |
Includes bibliographical references and indexes |
Notes |
Print version record |
Subject |
Consumer price indexes -- Data processing
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Consumer price indexes -- Methodology
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Price indexes -- Data processing
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Price indexes -- Methodology
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Prices -- Data processing
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Prices -- Statistical methods
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Point-of-sale systems.
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Scanning systems.
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BUSINESS & ECONOMICS -- Economics -- General.
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BUSINESS & ECONOMICS -- Reference.
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Point-of-sale systems
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Price indexes -- Data processing
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Price indexes -- Methodology
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Prices -- Data processing
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Prices -- Statistical methods
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Scanning systems
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Consumenten.
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Prijsindexering.
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Data-analyse.
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Form |
Electronic book
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Author |
Feenstra, Robert C.
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Shapiro, Matthew D. (Matthew David)
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LC no. |
2002075288 |
ISBN |
0226239667 |
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9780226239668 |
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0226239667 |
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9780226239651 |
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0226239659 |
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