An estimate of upper level substitution bias in the Icelandic CPI
The household expenditure surveys which are used to calculate the weights of the consumer basket are on average 3¼ years old when used for calculating the consumer price index. The expenditure surveys last for 3 years and it takes 15 months to process the data. The weights of the consumer basket in...
Main Authors: | , , |
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Format: | Article in Journal/Newspaper |
Language: | Icelandic |
Published: |
Research in applied business and economics
2011
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Subjects: | |
Online Access: | https://ojs.hi.is/index.php/efnahagsmal/article/view/a.2011.8.1.5 |