Survey-based Estimates of Biases in Consumer Price Indices During

Randall Filer and Jan Hanousek

Econometrics from University Library of Munich, Germany

Abstract: Mismeasurement of inflation is likely to be more severe in a transition economy than in a more stable environment. Comparisons of self-reported changes in economic welfare with changes in incomes suggest that official Romanian inflation measures may be overstated by between 100 and 300 percent at a reported annual inflation rate of 40 per cent.

JEL-codes: C8 E3 P2 (search for similar items in EconPapers)
Pages: 15 pages
Date: 2001-06-15
Note: Type of Document - Acrobat PDF; pages: 15 ; figures: included
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpem:0106001

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