Search Results
Showing results 1 to 10 of approximately 102.
(refine search)
Journal Article
Statement to Congress, March 4, 1997 (semi-annual report on the conduct of monetary policy and the issue of the CPI)
Greenspan, Alan
(1997-05)
Federal Reserve Bulletin
, Issue May
Journal Article
Does a fall in the dollar mean higher U.S. consumer prices?
Valderrama, Diego
(2004)
This Economic Letter looks at the relationship among changes in the exchange rate value of the dollar and in import prices and overall consumer prices, with a particular focus on the current circumstances. It appears that the lower value of the dollar at this point is affecting U.S. prices less than it has historically. The reasons for the difference include changes in trading partners, changes in the composition of U.S. trade, and improved monetary policy over the last several years. Looking ahead, then, it appears likely that the recent dollar depreciation will have only very moderate ...
FRBSF Economic Letter
Working Paper
The CPI for rents: a case of understated inflation.
Nakamura, Leonard I.; Voith, Richard; Crone, Theodore M.
(2004)
Until the end of 1977, the method used in the U.S. consumer price index (CPI) to measure rent inflation tended to omit rent increases when units had a change of tenants or were vacant. Since such units typically had more rapid increases in rents than average units, this response bias biased inflation estimates downward. Beginning in 1978, the Bureau of Labor Statistics (BLS) implemented a series of methodological changes that reduced response bias but substantial bias remained until 1985. We set up a model of response bias, parameterize it, and test it using a BLS microdata set for rents. We ...
Working Papers
, Paper 04-17
Journal Article
Should food be excluded from core CPI?
McCracken, Michael W.
(2011)
The greater a component?s SNR, the more useful the component should be in forecasting headline CPI.
Economic Synopses
Journal Article
Leading indicators of inflation
Roth, Howard L.
(1986-11)
Economic Review
, Volume 71
, Issue Nov
, Pages 3-20
Working Paper
Trimmed mean PCE inflation
Dolmas, Jim
(2005)
Research over the past decade has led to improved measures of core inflation in the Consumer Price Index, or CPI. This paper discusses the application of some of the insights and techniques of that line of research to the Federal Reserve Bard of Governors? preferred inflation gauge, the price index for Personal Consumption Expenditures (PCE). The result is a new measure of core PCE inflation?the trimmed mean PCE?and a somewhat different characterization of the economy?s recent inflation experience. ; Compared to the story told by the usual ?excluding food and energy? measure, the trimmed mean ...
Working Papers
, Paper 0506
Journal Article
A CPI-based bias for GDP?
Yoo, Peter S.
(1997-02)
National Economic Trends
, Issue Feb
Working Paper
Introduction to price and productivity measurement for housing
Nakamura, Alice O.; Balk, Bert M.; Diewert, W. Erwin
(2009)
This paper provides a brief introduction to a proposed new opportunity cost treatment of owner-occupied housing in measures of inflation for the United States. In addition, the paper introduces, and provides links to, a collection of nine other papers that discuss various aspects of the treatment of owner-occupied housing in measures of inflation for a number of nations, including Canada, Germany, Iceland, and the United States.
Working Papers
, Paper 09-5
Working Paper
Measurement error in the consumer price index: where do we stand?
Lebow, David E.; Rudd, Jeremy B.
(2001)
We survey the evidence bearing on measurement error in the CPI and provide our best estimate of the magnitude of CPI bias. We also identify a "weighting" bias in the CPI that has not been previously discussed in the literature. In total, we estimate that the CPI overstates the change in the cost of living by about 0.6 percentage point per year, with a confidence interval that ranges from 0.1 to 1.2 percentage points. Roughly half of this bias is accounted for by the CPI's inability to fully capture the welfare improvement from quality change and the introduction of new items. Our bias ...
Finance and Economics Discussion Series
, Paper 2001-61
Journal Article
Problems measuring prices
Burke, William
(1974)
FRBSF Economic Letter
FILTER BY year
FILTER BY Bank
Federal Reserve Bank of St. Louis 21 items
Federal Reserve Bank of New York 14 items
Federal Reserve Bank of San Francisco 13 items
Federal Reserve Bank of Cleveland 11 items
Federal Reserve Bank of Dallas 11 items
Federal Reserve Bank of Philadelphia 9 items
Federal Reserve Bank of Kansas City 8 items
Federal Reserve Bank of Chicago 6 items
Board of Governors of the Federal Reserve System (U.S.) 4 items
Federal Reserve Bank of Richmond 3 items
Federal Reserve Bank of Atlanta 2 items
show more (6)
show less
FILTER BY Series
FRBSF Economic Letter 12 items
Review 11 items
Working Papers 9 items
Economic Commentary 8 items
Economic Review 7 items
National Economic Trends 6 items
Southwest Economy 4 items
Business Review 3 items
Current Issues in Economics and Finance 3 items
Economic Letter 3 items
Federal Reserve Bulletin 3 items
Quarterly Review 3 items
Research Working Paper 3 items
Staff Reports 3 items
Chicago Fed Letter 2 items
Cross Sections 2 items
Economic Perspectives 2 items
Economic Policy Review 2 items
Economic and Financial Policy Review 2 items
Speech 2 items
Working Paper Series 2 items
Working Papers (Old Series) 2 items
Economic Quarterly 1 items
Economic Synopses 1 items
Finance and Economics Discussion Series 1 items
Forefront 1 items
Research Paper 1 items
Staff Papers 1 items
The Regional Economist 1 items
Working Papers in Applied Economic Theory 1 items
show more (25)
show less
FILTER BY Content Type
Journal Article 75 items
Working Paper 18 items
Report 4 items
Newsletter 2 items
Speech 2 items
Discussion Paper 1 items
show more (1)
show less
FILTER BY Author
Clark, Todd E. 6 items
Nakamura, Leonard I. 6 items
Bryan, Michael F. 4 items
Meyer, Brent 4 items
Crone, Theodore M. 3 items
Diewert, W. Erwin 3 items
Dolmas, Jim 3 items
Gavin, William T. 3 items
Steindel, Charles 3 items
Voith, Richard 3 items
Wynne, Mark A. 3 items
Burke, William 2 items
Fischer, Andreas M. 2 items
Fisher, Jonas D. M. 2 items
Greenspan, Alan 2 items
Hulten, Charles R. 2 items
Kliesen, Kevin L. 2 items
Motley, Brian 2 items
Nakamura, Alice O. 2 items
Runyon, Herbert 2 items
Shiratsuka, Shigenori 2 items
Valderrama, Diego 2 items
Venkatu, Guhan 2 items
Altissimo, Filippo 1 items
Alvarez, Karen 1 items
Amstad, Marlene 1 items
Anderson, Richard G. 1 items
Balk, Bert M. 1 items
Bechter, Dan M. 1 items
Binner, Jane M. 1 items
Blomberg, S. Brock 1 items
Brauer, David A. 1 items
Bullard, James B. 1 items
Carlson, Keith M. 1 items
Cecchetti, Stephen G. 1 items
Cukierman, Alex 1 items
Davis, J. Scott 1 items
Davis, Richard G. 1 items
Dew, Kurt 1 items
Dudley, William 1 items
Dueker, Michael J. 1 items
Evans, Charles L. 1 items
Fernald, John G. 1 items
Gittings, Thomas A. 1 items
Gokhale, Jagadeesh 1 items
Goldberg, Pinelopi K. 1 items
Gordon, Robert J. 1 items
Gramlich, Edward M. 1 items
Greenlees, John S. 1 items
Griliches, Zvi 1 items
Guo, Hui 1 items
Harris, Ethan S. 1 items
Haslag, Joseph H. 1 items
Haubrich, Joseph G. 1 items
Hellerstein, Rebecca 1 items
Higgins, Judy 1 items
Hobijn, Bart 1 items
Hoffman, Barak 1 items
Horrigan, Brian R. 1 items
Howitt, Peter 1 items
Humpage, Owen F. 1 items
Jordan, Jerry L. 1 items
Karnosky, Denis S. 1 items
Koch, Paul D. 1 items
Koenig, Evan F. 1 items
Kozicki, Sharon 1 items
Kroch, Eugene 1 items
Krusell, Per 1 items
Lagakos, David 1 items
Lebow, David E. 1 items
Martinez-Garcia, Enrique 1 items
McCracken, Michael W. 1 items
McElhattan, Rose 1 items
Mehra, Yash P. 1 items
Mojon, Benoit 1 items
Nakata, Taisuke 1 items
Peach, Richard 1 items
Pike, Christopher J. 1 items
Poole, William 1 items
Potter, Simon M. 1 items
Rich, Robert W. 1 items
Rogers, R. Mark 1 items
Rosensweig, Jeffrey A. 1 items
Roth, Howard L. 1 items
Rudd, Jeremy B. 1 items
Santoni, G. J. 1 items
Schmidt, Vincent A. 1 items
Shapiro, Matthew D. 1 items
Sigalla, Fiona 1 items
Smith, Hilary H. 1 items
Viard, Alan D. 1 items
Wallace, Allison 1 items
Wang, Stephanie 1 items
Whitt, Joseph A. 1 items
Wiggins, Rodney L. 1 items
Wilcox, David W. 1 items
Wu, Lucille 1 items
Wu, Tao 1 items
Yoo, Peter S. 1 items
Zaffaroni, Paolo 1 items
Zaman, Saeed 1 items
anonymous 1 items
show more (97)
show less
FILTER BY Keywords
Consumer price indexes 102 items
Inflation (Finance) 50 items
Prices 18 items
Economic indicators 6 items
Monetary policy 5 items
Personal Consumption Expenditures Price Index 5 items
Dollar, American 4 items
Foreign exchange rates 3 items
Greenspan, Alan 3 items
Gross domestic product 3 items
Housing 3 items
Index numbers (Economics) 3 items
Monetary policy - United States 3 items
Rent 3 items
Consumption (Economics) 2 items
Cost of living adjustments 2 items
Durable goods, Consumer 2 items
Economic conditions 2 items
Financial literacy 2 items
Food prices 2 items
Futures 2 items
Productivity 2 items
Saving and investment 2 items
Statistics 2 items
Agricultural prices 1 items
Automobile industry and trade 1 items
Banks and banking 1 items
Banks and banking, Central 1 items
Consumer behavior 1 items
Consumer surveys 1 items
Cost and standard of living 1 items
Droughts 1 items
Economic conditions - United States 1 items
Economic forecasting 1 items
Economic stabilization 1 items
Economic surveys 1 items
Employment 1 items
Euro 1 items
Exports 1 items
Federal Open Market Committee 1 items
Federal Reserve Bank of New York 1 items
Federal Reserve System 1 items
Federal Reserve banks 1 items
Financial crises 1 items
Financial market regulatory reform 1 items
Fiscal policy 1 items
Forecasting 1 items
Households - Economic aspects 1 items
Imports - Prices 1 items
Income tax 1 items
Indexation (Economics) 1 items
Inflation (Finance) - Mathematical models 1 items
Inflation targeting 1 items
International trade 1 items
International trade - Econometric models 1 items
Japan 1 items
Old age 1 items
Phillips curve 1 items
Population 1 items
Price indexes 1 items
Production (Economic theory) 1 items
Recessions 1 items
Retail trade 1 items
Service industries 1 items
Social security 1 items
Supply and demand 1 items
Taxation 1 items
Treasury notes 1 items
Wholesale price indexes 1 items
prediction 1 items
time series analysis 1 items
show more (66)
show less