ESTIMATING THE VARIANCE OF FOOD PRICE INFLATION

Stochastic index theory views each commodity price change as an independent observation on the rate of inflation that can be estimated by averaging over all prices. Our methodology estimates both the overall rate of inflation and relative price changes along with standard errors.


Variant title:
Standard errors of inflation
Issue Date:
1993-07
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/15217
Published in:
Journal of Agricultural and Applied Economics, Volume 25, Number 1
Page range:
245-252
Total Pages:
8




 Record created 2017-04-01, last modified 2017-08-23

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