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A Practical Guide to Price Index and Hedonic Techniques$
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Ana M. Aizcorbe

Print publication date: 2014

Print ISBN-13: 9780198702429

Published to Oxford Scholarship Online: August 2014

DOI: 10.1093/acprof:oso/9780198702429.001.0001

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Introduction

Introduction

Chapter:
(p.1) 1 Introduction
Source:
A Practical Guide to Price Index and Hedonic Techniques
Author(s):

Ana M. Aizcorbe

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198702429.003.0001

This introduction motivates the need for an accessible, intuitive introduction to price measurement techniques, discusses the potential uses of these methods, and provides a bibliography of empirical work that points to examples. The emphasis here is applied and practical, providing a first glimpse at questions like: how are these price measures constructed, what are the common problems with these techniques? And what are the unresolved issues? The chapter closes with a brief roadmap to seminal works in the literature and other studies and manuals that are aimed at explaining and improving official statistics on the measurement of inflation.

Keywords:   consumer price index, price indexes, price measurement techniques, empirical bibliography

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