Scanner Data and Price Indexes is popular PDF and ePub book, written by Robert C. Feenstra in 2007-11-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Scanner Data and Price Indexes can be Read Online from any device for your convenience.
Scanner Data and Price Indexes Book PDF Summary
Every time you buy a can of tuna or a new television, its bar code is scanned to record its price and other information. These "scanner data" offer a number of attractive features for economists and statisticians, because they are collected continuously, are available quickly, and record prices for all items sold, not just a statistical sample. But scanner data also present a number of difficulties for current statistical systems. Scanner Data and Price Indexes assesses both the promise and the challenges of using scanner data to produce economic statistics. Three papers present the results of work in progress at statistical agencies in the U.S., United Kingdom, and Canada, including a project at the U.S. Bureau of Labor Statistics to investigate the feasibility of incorporating scanner data into the monthly Consumer Price Index. Other papers demonstrate the enormous potential of using scanner data to test economic theories and estimate the parameters of economic models, and provide solutions for some of the problems that arise when using scanner data, such as dealing with missing data.
Detail Book of Scanner Data and Price Indexes PDF
- Author : Robert C. Feenstra
- Release : 01 November 2007
- Publisher : University of Chicago Press
- ISBN : 9780226239668
- Genre : Business & Economics
- Total Page : 404 pages
- Language : English
- PDF File Size : 21,8 Mb
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