Artikel: Measuring real consumption and consumer price index bias under lockdown conditions.
The Canadian journal of economics. Revue canadienne d'economique
2022 Band 55, Heft Suppl 1, Seite(n) 480–502
Abstract: Millions of goods and services are now unavailable in many countries due to the current coronavirus pandemic, dramatically impacting on the construction of key economic statistics used for informing policy. This situation is unprecedented; hence, methods ...
| Abstract | Millions of goods and services are now unavailable in many countries due to the current coronavirus pandemic, dramatically impacting on the construction of key economic statistics used for informing policy. This situation is unprecedented; hence, methods to address it have not previously been developed. Current advice to national statistical offices from the International Monetary Fund, Eurostat and the United Nations is shown to result in downward bias in the consumer price index (CPI) and upward bias in real consumption. We conclude that, to produce a meaningful CPI within the lockdown period, it is necessary to establish a continuous consumer expenditure survey. |
|---|---|
| Sprache | Englisch |
| Erscheinungsdatum | 2022-02-08 |
| Erscheinungsland | Canada |
| Dokumenttyp | Journal Article |
| ZDB-ID | 2013251-7 |
| ISSN | 1540-5982 ; 0008-4085 |
| ISSN (online) | 1540-5982 |
| ISSN | 0008-4085 |
| DOI | 10.1111/caje.12545 |
| Datenquelle | MEDical Literature Analysis and Retrieval System OnLINE |
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