Price Imputation and Other Techniques for Dealing with Missing Observations, Seasonality and Quality Change in Price Indices
Price Imputation and Other Techniques for Dealing with Missing Observations, Seasonality and Quality Change in Price Indices

Author: Mr.Paul A. Armknecht

Publisher: International Monetary Fund

Published: 1999-06-01

Total Pages: 29

ISBN-13: 1451850085

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Price index compilers frequently face situations where price observations are missing due to seasonal unavailability, supply shortages, or the discontinuation of products. Incorrect treatment of such situations can result in biased price indices. This paper presents statistical imputation techniques that index compilers can use to prevent bias and suggests the extension of these same techniques to assist with adjustments for quality differences. The use of additional procedures for dealing with some of the problems caused by seasonal commodities is also discussed.

Export and Import Price Index Manual: Theory and Practice
Export and Import Price Index Manual: Theory and Practice

Author: OECD

Publisher: OECD Publishing

Published: 2010-04-06

Total Pages: 705

ISBN-13: 9264085416

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A joint production by six international organizations, this manual explores the conceptual and theoretical issues that national statistical offices should consider in the daily compilation of export and import price indices. Intended for use by both ...

Producer Price Index Manual
Producer Price Index Manual

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2004-09-03

Total Pages: 698

ISBN-13: 9781589063044

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The producer price index (PPI) measures the rate at which the prices of producer goods and services are changing overtime. It is a key statistic for economic and business decision making and inflation monitoring. The Producer Price Index Manual: Theory and Practice provides clear, up-to-date guidance on the concepts, uses, methods, and economic theory of the PPI, including information on classifications, sources, compilation techniques, and analytical uses of the PPI. The Manual supersedes the previous international guidance on PPIs (available in the Manual on Producers’ Price Indices for Industrial Goods, published by the United Nations Statistics Division in 1979). The Manual's conceptual framework derives from the System of National Accounts1993 and recent developments in index number theory. Preparation of the Manual was undertaken by the Intersecretariat Working Group on Price Statistics through a technical expert group chaired by the IMF and involving representatives from the ILO, the OECD, the UN Economic Commission for Europe, the World Bank, national statistical offices, and academic institutions.

Consumer Price Index Manual
Consumer Price Index Manual

Author: International Labour Office

Publisher: International Labour Organization

Published: 2004-08-25

Total Pages: 578

ISBN-13: 9789221136996

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The consumer price index (CPI) measures the rate at which prices of consumer goods and services change over time. It is used as a key indicator of economic performance, as well as in the setting of monetary and socio-economic policy such as indexation of wages and social security benefits, purchasing power parities and inflation measures. This manual contains methodological guidelines for statistical offices and other agencies responsible for constructing and calculating CPIs, and also examines underlying economic and statistical concepts involved. Topics covered include: expenditure weights, sampling, price collection, quality adjustment, sampling, price indices calculations, errors and bias, organisation and management, dissemination, index number theory, durables and user costs.

Scanner Data and Price Indexes
Scanner Data and Price Indexes

Author: Robert C. Feenstra

Publisher: University of Chicago Press

Published: 2007-11-01

Total Pages: 404

ISBN-13: 0226239667

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Every time you buy a can of tuna or a new television, its bar code is scanned to record its price and other information. These "scanner data" offer a number of attractive features for economists and statisticians, because they are collected continuously, are available quickly, and record prices for all items sold, not just a statistical sample. But scanner data also present a number of difficulties for current statistical systems. Scanner Data and Price Indexes assesses both the promise and the challenges of using scanner data to produce economic statistics. Three papers present the results of work in progress at statistical agencies in the U.S., United Kingdom, and Canada, including a project at the U.S. Bureau of Labor Statistics to investigate the feasibility of incorporating scanner data into the monthly Consumer Price Index. Other papers demonstrate the enormous potential of using scanner data to test economic theories and estimate the parameters of economic models, and provide solutions for some of the problems that arise when using scanner data, such as dealing with missing data.

Malta
Malta

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2006-08-18

Total Pages: 142

ISBN-13: 1451826621

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The quality of the macroeconomic statistics for Malta has improved significantly in recent years, particularly as a result of the legal and institutional restructuring of the National Statistics Office (NSO). These changes were made in an effort to respond more effectively to the needs of users and to comply with new data-reporting requirements of the European Union (EU). These improvements have brought Malta’s statistical practices in line with internationally accepted standards and practices in a number of statistical areas.

Cabo Verde
Cabo Verde

Author: International Monetary Fund. Statistics Dept.

Publisher: International Monetary Fund

Published: 2023-11-21

Total Pages: 14

ISBN-13:

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At the request of the National Institute of Statistics Cabo Verde (INECV), a technical assistance mission provided guidance on improving and updating consumer price index (CPI) weights and assessed CPI compilation methods. This mission was conducted under the auspices of AFRITAC West 2.

Japan
Japan

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2006-03-17

Total Pages: 219

ISBN-13: 1451820666

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The Report on the Observance of Standards and Codes data module provides an assessment of Japan’s macroeconomic statistics against the Special Data Dissemination Standard, complemented by an assessment of data quality based on the IMF’s Data Quality Assessment Framework, July 2003 version. The assessment reveals that the data-producing agencies in Japan adhere to the principle of objectivity in the collection, processing, and dissemination of statistics. They demonstrate professionalism and are transparent in their policies and practices. Data are protected by strict measures of confidentiality throughout the data-producing agencies.