Gespeichert in:
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| 490 | 0 | |a IMF Working Papers |v Working Paper No. 00/58 | |
| 520 | 3 | |a Empirical evidence on the distribution of relative price changes almost invariably reveals high kurtosis and a tendency toward right-skewness. Simple mixed distribution models including volatile and infrequently adjusted prices can account for these and other common features, such as correlation between the mean and variance of relative prices. In such circumstances, robust measures of central tendency are likely to outperform the mean or standard measures of "core" inflation as indicators of generalized inflation. The analysis also supports the use of geometric averaging in CPI construction and the targeting of the geometric mean inflation rate rather than the Laspeyres mean | |
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Datensatz im Suchindex
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| author | Roger, Scott |
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| id | DE-604.BV048346810 |
| illustrated | Not Illustrated |
| indexdate | 2024-12-20T19:42:12Z |
| institution | BVB |
| isbn | 1451847858 9781451847857 |
| language | English |
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| oclc_num | 1337125914 |
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| physical | 1 Online-Ressource (43 p) |
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| publishDate | 2000 |
| publishDateSearch | 2000 |
| publishDateSort | 2000 |
| publisher | International Monetary Fund |
| record_format | marc |
| series2 | IMF Working Papers |
| spellingShingle | Roger, Scott Relative Prices, Inflation and Core Inflation |
| title | Relative Prices, Inflation and Core Inflation |
| title_auth | Relative Prices, Inflation and Core Inflation |
| title_exact_search | Relative Prices, Inflation and Core Inflation |
| title_full | Relative Prices, Inflation and Core Inflation Roger, Scott |
| title_fullStr | Relative Prices, Inflation and Core Inflation Roger, Scott |
| title_full_unstemmed | Relative Prices, Inflation and Core Inflation Roger, Scott |
| title_short | Relative Prices, Inflation and Core Inflation |
| title_sort | relative prices inflation and core inflation |
| url | http://elibrary.imf.org/view/IMF001/05666-9781451847857/05666-9781451847857/05666-9781451847857.xml |
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