Logo
Munich Personal RePEc Archive

Анализ официальных и альтернативных оценок инфляции

Gluschenko, Konstantin (2015): Анализ официальных и альтернативных оценок инфляции.

This is the latest version of this item.

[thumbnail of MPRA_paper_67413.pdf]
Preview
PDF
MPRA_paper_67413.pdf

Download (567kB) | Preview

Abstract

The mass media frequently accuse official statistics of underestimating the inflation rate (consumer price index – CPI) by half to two-thirds. This paper analyzes potential sources of distortion of the official CPI, concluding that systematic errors causing underestimating are absent, and deliberate distortions are impossible. It also analyzes a number of alternative estimates of inflation and demonstrates that they are based either on the use of a consumer baskets that do not correspond to any real pattern of consumption and deliberately overstate rise in the price level, or on some indirect rationale that does not bear criticism. The only alternative estimate that can be taken seriously is greater than the 2005 official CPI by 2 percent points, that is, by 20% rather than by a factor of 2 to 3.

Available Versions of this Item

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.