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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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(p.1) 1 Introduction
A Practical Guide to Price Index and Hedonic Techniques

Ana M. Aizcorbe

Oxford University Press

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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