Economics, Econometrics and Finance
8 years ago

Is the U.S. CPI Accurate? Flaws Could Impact Federal Payments.

1 view
Consumer Price Index Data Quality: How Accurate is the U.S. CPI?
Stephen B Reed, Darren A Rippy

Paper Summary

The Consumer Price Index (CPI) in the U.S. estimates how prices change over time for things people buy. It's important because it affects things like wages and taxes. The U.S. Bureau of Labor Statistics (BLS) is looking at how accurate the CPI is. They found that there may be errors in the data due to sampling and bias. This means the CPI's estimate of inflation may not be completely reliable.

Related papers

Economics, Econometrics and Finance
8 years ago

Fluctuations in Inflation Predict Stock Market Performance, Study Finds!

Oil Price Shocks
Macroeconomic Analysis
Asset Pricing
1 view
Economics, Econometrics and Finance
3 years ago

Japanese CPI measurement errors impact cost of living calculations.

Food Prices
Economic Analysis
Infrastructure Impact
Decision Sciences
3 years ago

Philippines CPI Analysis Reveals Rising Prices and Economic Policy Implications

Stock Market Predictions
Time Series Forecasting
Electricity Forecasting