The Path-Dependence Bias in Approximating Local Price Levels by CPIs
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- Gluschenko, Konstantin, 2016. "The Path-Dependence Bias in Approximating Local Price Levels by CPIs," MPRA Paper 68936, University Library of Munich, Germany.
References listed on IDEAS
- Samuelson, Paul A & Swamy, S, 1974. "Invariant Economic Index Numbers and Canonical Duality: Survey and Synthesis," American Economic Review, American Economic Association, vol. 64(4), pages 566-593, September.
- Kenneth Rogoff, 1996. "The Purchasing Power Parity Puzzle," Journal of Economic Literature, American Economic Association, vol. 34(2), pages 647-668, June.
- Riemer P. Faber & Ad C. J. Stokman, 2009. "A Short History of Price Level Convergence in Europe," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(2‐3), pages 461-477, March.
- Laura Solanko, 2008. "Unequal fortunes: a note on income convergence across Russian regions," Post-Communist Economies, Taylor & Francis Journals, vol. 20(3), pages 287-301.
- repec:zbw:bofitp:2006_009 is not listed on IDEAS
- Chen, L. L. & Devereux, J., 2003. "What can US city price data tell us about purchasing power parity?," Journal of International Money and Finance, Elsevier, vol. 22(2), pages 213-222, April.
- Riemer P. Faber & Ad C. J. Stokman, 2009. "A Short History of Price Level Convergence in Europe," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 41(2-3), pages 461-477, March.
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Cited by:
- K. P. Gluschenko, 2022.
"Costs of Living and Real Incomes in the Russian Regions,"
Regional Research of Russia, Springer, vol. 12(3), pages 365-377, September.
- Gluschenko, Konstantin, 2022. "Costs of Living and Real Incomes in the Russian Regions," MPRA Paper 111774, University Library of Munich, Germany.
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More about this item
Keywords
Spatial price index; Inflation; Divisia index; Nonhomothetic preferences; Demand system.;All these keywords.
JEL classification:
- C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
- C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
- E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
- R19 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Other
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