Using Overlapping And Incomplete Time Series For The Estimation Of Cost Of Living Indices
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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Volume (Year): 53 (2007)
Issue (Month): 4 (December)
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