Survey-based Estimates of Biases in Consumer Price Indices During
AbstractMismeasurement of inflation is likely to be more severe in a transition economy than in a more stable environment. Comparisons of self-reported changes in economic welfare with changes in incomes suggest that official Romanian inflation measures may be overstated by between 100 and 300 percent at a reported annual inflation rate of 40 per cent.
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Bibliographic InfoPaper provided by EconWPA in its series Econometrics with number 0106001.
Length: 15 pages
Date of creation: 15 Jun 2001
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Find related papers by JEL classification:
- C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs
- E3 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles
- P2 - Economic Systems - - Socialist Systems and Transition Economies
This paper has been announced in the following NEP Reports:
- NEP-ALL-2001-06-22 (All new papers)
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"Output Changes and Inflationary Bias in Transition,"
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- Svejnar, Jan, 2007. "China in Light of the Performance of Central and East European Economies," IZA Discussion Papers 2791, Institute for the Study of Labor (IZA).
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