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The Ottawa Group after Ten Meetings: Future Priorities

  • Diewert, Erwin

The paper briefly reviews the accomplishments of the Ottawa Group on the occasion of its tenth meeting and then goes on to list ten problem areas in price measurement that have not been completely resolved and hence should be a focus of future meetings. The ten problem areas are: (1) the construction of elementary indexes when price and quantity data are available; (2) the construction of user costs for capital inputs; (3) the quality adjustment of prices; (4) the construction of price indexes for owner occupied housing; (5) problems associated with difficult to measure services; (6) the treatment of prices associated with household production; (7) the measurement of export and import prices in the production accounts of the System of National Accounts; (8) the treatment of seasonal products; (9) the measurement of core inflation and (10) the treatment of new goods.

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File URL: http://microeconomics.ca/erwin_diewert/future.pdf
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Paper provided by Vancouver School of Economics in its series Economics working papers with number diewert-07-11-16-12-30-23.

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Length: 16 pages
Date of creation: 16 Nov 2007
Date of revision: 16 Nov 2007
Handle: RePEc:ubc:bricol:diewert-07-11-16-12-30-23
Contact details of provider: Web page: http://www.economics.ubc.ca/

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  1. Marcel Peter & Scott Roger & Geoffrey Heenan, 2006. "Implementing Inflation Targeting; Institutional Arrangements, Target Design, and Communications," IMF Working Papers 06/278, International Monetary Fund.
  2. Hausman, Jerry, 1999. "Cellular Telephone, New Products, and the CPI," Journal of Business & Economic Statistics, American Statistical Association, vol. 17(2), pages 188-94, April.
  3. W. Erwin Diewert, 1998. "Index Number Issues in the Consumer Price Index," Journal of Economic Perspectives, American Economic Association, vol. 12(1), pages 47-58, Winter.
  4. Mick Silver, 2007. "Core Inflation: Measurement and Statistical Issues in Choosing Among Alternative Measures," IMF Staff Papers, Palgrave Macmillan, vol. 54(1), pages 163-190, May.
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