E3 - Prices, Business Fluctuations, and Cycles - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T12:54:09+00:00Is There a Quality Bias in the Canadian CPI? Evidence from Micro Data
https://www.bankofcanada.ca/2013/07/working-paper-2013-24/
Rising consumer prices may reflect shifts by consumers to new higher-priced products, mostly for durable and semi-durable goods. I apply Bils’ (2009) methodology to newly available Canadian consumer price data for non-shelter goods and services to estimate how price increases can be divided between quality growth and price inflation.2013-07-25T08:03:02+00:00enIs There a Quality Bias in the Canadian CPI? Evidence from Micro Data2013-07-25Inflation and pricesPotential outputWorking Paper 2013-24https://www.bankofcanada.ca/wp-content/uploads/2013/07/wp2013-24.pdfIs There a Quality Bias in the Canadian CPI? Evidence from Micro DataOleksiy KryvtsovJuly 2013EE3E31MM1M11OO4O47