全球智库信息集成服务系统(G2TT): Measuring Real Consumption and CPI Bias under Lockdown Conditions

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w27144
来源ID	Working Paper 27144
	Measuring Real Consumption and CPI Bias under Lockdown Conditions
	W. Erwin Diewert; Kevin J. Fox
发表日期	2020-05-18
出版年	2020
语种	英语
摘要	Millions of goods and services are now unavailable in many countries due to the current coronavirus pandemic, dramatically impacting on the construction of key economic statistics used for informing policy. This situation is unprecedented; hence methods to address it have not previously been developed. Current advice to national statistical offices from the IMF, Eurostat and the UN is shown to result in downward bias in the CPI and upward bias in real consumption. We conclude that the only way to produce a meaningful CPI within the lockdown period is through establishing a continuous consumer expenditure survey.
主题	Econometrics ; Estimation Methods ; Macroeconomics ; Consumption and Investment ; Business Cycles ; COVID-19
URL	https://www.nber.org/papers/w27144
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/584817
推荐引用方式 GB/T 7714	W. Erwin Diewert,Kevin J. Fox. Measuring Real Consumption and CPI Bias under Lockdown Conditions. 2020.