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• W1489916368 abstract "Hedonic methods are currently considered state-of-the-art for handling quality changes when compiling consumer price indices. The present article proposes first a mathematical description of characteristics and of elementary aggregates. In a following step, a hedonic econometric model is formulated and hedonic elementary population indices are defined. These indices extend from simple indices based on some average quality to universal formulae that incorporate the full quality spectrum of the respective elementary aggregate. We emphasise that population indices are unobservable economic parameters that need to be estimated by suitable sample indices. It is shown that most of the hedonic elementary index formulae used in practice are sample versions of particular hedonic elementary population indices." @default.
• W1489916368 created "2016-06-24" @default.
• W1489916368 creator A5005146018 @default.
• W1489916368 creator A5026246642 @default.
• W1489916368 date "2009-04-24" @default.
• W1489916368 modified "2023-09-27" @default.
• W1489916368 title "The Econometric Foundations of Hedonic Elementary Price Indices" @default.
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• W1489916368 hasPublicationYear "2009" @default.
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