The fixed basket multilateral Walsh index for international price and real expenditure comparisons

C-Tier
Journal: Economics Letters
Year: 2022
Volume: 220
Issue: C

Authors (2)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The multilateral Walsh index is the only symmetric average fixed basket price index that satisfies transitivity, country symmetry, and invariance to proportional changes in quantities. Superior axiomatic properties and empirical results demonstrate suitability of the index for international price comparisons.

Technical Details

RePEc Handle
repec:eee:ecolet:v:220:y:2022:i:c:s0165176522003317
Journal Field
General
Author Count
2
Added to Database
2026-01-29