Arbeitspapier

A nonparametric bound on substitution bias in the UK Retail Prices Index

This paper uses revealed preference restrictions and nonparametric statistical methods to bound true cost-of-living indices. These are compared to the popular price indices including the type used to calculated the UK RPI. This is used to assess the method of calculating the RPI for substitution bias.

Language
Englisch

Bibliographic citation
Series: IFS Working Papers ; No. W99/15

Classification
Wirtschaft
Index Numbers and Aggregation; Leading indicators
Consumer Economics: Theory

Event
Geistige Schöpfung
(who)
Blow, Laura
Crawford, Ian
Event
Veröffentlichung
(who)
Institute for Fiscal Studies (IFS)
(where)
London
(when)
1999

DOI
doi:10.1920/wp.ifs.1999.9915
Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Blow, Laura
  • Crawford, Ian
  • Institute for Fiscal Studies (IFS)

Time of origin

  • 1999

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