Can dissimilarity indexes resolve the issue of when to chain price indexes?

C-Tier
Journal: Economics Letters
Year: 2013
Volume: 118
Issue: 1
Pages: 6-9

Authors (2)

Ivancic, Lorraine (not in RePEc) Fox, Kevin J. (UNSW Sydney)

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

Chaining is used in index number construction to update weights and link new items into an index. However, chained indexes can suffer from, sometimes substantial, drift. The Consumer Price Index Manual (ILO, 2004) recommends the use of dissimilarity indexes to determine when chaining is appropriate. This study provides the first empirical application of dissimilarity indexes in this context. We find that dissimilarity indexes do not appear to be sufficient to resolve the issue of when to chain.

Technical Details

RePEc Handle
repec:eee:ecolet:v:118:y:2013:i:1:p:6-9
Journal Field
General
Author Count
2
Added to Database
2026-01-25