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Using Overlapping And Incomplete Time Series For The Estimation Of Cost Of Living Indices

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  • P. M. Pérez-Castroviejo
  • F. Tusell
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    Abstract

    We address the estimation of cost of living indices from time series which are incomplete, in a way that exploits all available information, while also giving an indication of the uncertainty associated with the estimation. The method used allows for multiple sources of prices for a single item, extending over the same or partially overlapping time ranges. We describe summarily the methodology and demonstrate its use in the estimation of a cost of living index for Biscaye (North of Spain), for the period 1862-1940. Copyright � 2007 The Authors; Journal compilation � International Association for Research in Income and Wealth 2007.

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    Bibliographic Info

    Article provided by International Association for Research in Income and Wealth in its journal Review of Income and Wealth.

    Volume (Year): 53 (2007)
    Issue (Month): 4 (December)
    Pages: 673-691

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    Handle: RePEc:bla:revinw:v:53:y:2007:i:4:p:673-691

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