The paper presents input-output based time-series data for the underlying domestic inflation in Denmark 1903-2002 and analyses the inflationary development during the last century. More conceptual issues in relation to the interpretation and use of input-output based domestic inflation measures are also discussed. The purpose of such inflation measures is to track the development in the domestic market-determined inflation, which is closely related to the price of gross value added in the domestic market-based private business sector. A price index for value added often displays a different short-term development than the headline CPI. Such differences can be useful in an assessment of the current inflationary environment and in relation to an interpretation of the historical inflation development.
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.