Space–time consistency means that an earlier PPP, updated by relative inflation rates, equals a more recent PPP. I show that in the absence of data errors Divisia price indices are space–time consistent provided that the consumer’s utility function is homothetic
This book deals with the currently most relevant topics in price index numbers theory and practice. ...
The purpose of the present paper is to investigate forecasted inflation gap persistence using profes...
International comparisons of productivity have used exchange rates or purchasing power parity (PPP) ...
Space–time consistency means that an earlier PPP, updated by relative inflation rates, equals a more...
In early 2014 the World Bank published the main findings of the 2011 International Comparison Progra...
Purchasing power parities (PPPs) aim to measure relative price levels across countries, like inflati...
Purchasing power parities (PPPs) aim to measure relative price levels across countries, like inflati...
Whelan (2007) found that the generalized Calvo-sticky-price model fails to replicate a typical featu...
We show the importance of a dynamic aggregation bias in accounting for the PPP puzzle. We prove that...
In his recent paper, Ravallion (2013) proposes a new method to predict changes in purchasing power p...
This paper adopts the Impulse-Response methodology to under- stand inflation persistence. It has of...
In this paper we address the Rogoff's (1996) puzzle on the exchange rate excess volatility and the s...
This paper considers the problem of how to construct and reconcile price indexes across space and ti...
To determine whether the sensitivity of inflation to changes in the business cycle varies over time,...
Standard closed-economy DSGE models have difficulty replicating the persistence of inflation. We use...
This book deals with the currently most relevant topics in price index numbers theory and practice. ...
The purpose of the present paper is to investigate forecasted inflation gap persistence using profes...
International comparisons of productivity have used exchange rates or purchasing power parity (PPP) ...
Space–time consistency means that an earlier PPP, updated by relative inflation rates, equals a more...
In early 2014 the World Bank published the main findings of the 2011 International Comparison Progra...
Purchasing power parities (PPPs) aim to measure relative price levels across countries, like inflati...
Purchasing power parities (PPPs) aim to measure relative price levels across countries, like inflati...
Whelan (2007) found that the generalized Calvo-sticky-price model fails to replicate a typical featu...
We show the importance of a dynamic aggregation bias in accounting for the PPP puzzle. We prove that...
In his recent paper, Ravallion (2013) proposes a new method to predict changes in purchasing power p...
This paper adopts the Impulse-Response methodology to under- stand inflation persistence. It has of...
In this paper we address the Rogoff's (1996) puzzle on the exchange rate excess volatility and the s...
This paper considers the problem of how to construct and reconcile price indexes across space and ti...
To determine whether the sensitivity of inflation to changes in the business cycle varies over time,...
Standard closed-economy DSGE models have difficulty replicating the persistence of inflation. We use...
This book deals with the currently most relevant topics in price index numbers theory and practice. ...
The purpose of the present paper is to investigate forecasted inflation gap persistence using profes...
International comparisons of productivity have used exchange rates or purchasing power parity (PPP) ...