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Output Changes and Inflationary Bias in Transition Author info | Abstract | Publisher info | Download info | Related research | Statistics Randall K. Filer (Hunter College & The Graduate Center at City University of New York)
Jan Hanousek (CERGE-EI)
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Mismeasurement of inflation is likely to be more severe in a transition economy than in a more stable environment. Reasonable estimates of the size of the inflationary bias in the Czech Republic suggest that conventionally reported declines in real output and living standards during the transition may be a statistical artifact rather than a real phenomenon.
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Paper provided by EconWPA in its series Macroeconomics with number
0012010.
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Length: 17 pages
Date of creation: 05 Feb 2001Date of revision:
Handle: RePEc:wpa:wuwpma:0012010Note: Type of Document - Adobe PDF; pages: 17 ; figures: includedContact details of provider: Web page: http://129.3.20.41
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Keywords: Inflation ; Transition ; Bias ; GDP growth ; Other versions of this item:
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
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Gylfason, Thorvaldur & Herbertsson, Tryggvi Thor, 1996.
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John Gibson & Steven Stillman, 2004.
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Gibson, John & Stillman, Steven & Le, Trinh, 2008.
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[Downloadable!] (restricted) Martin Cihak & Tomas Holub, 2003.
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Mark J Flanagan & Felix Hammermann, 2007.
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