Year: 1998
Type: preprint
Abstract: Pricetrends of microwave ovens and electric cookers in the Cmsumer Price Index Unit values for imports and exports of microwave ovens Price trends of microwave ovens in the consumer price statistics Prices of microwave ovens in product tests Imports and exports of microwave ovens * This is an abridged and revised version of Discussion paper 1/98 "Probleme der Inflationsmessung inDeutschland" of the Economic Research Group of the Deutsche Bundesbank.The omissions concern mainly comments on methodology which are of greater relevance to the discussion in Gennany than 10 that of the international public.However, especially those passages of the paper which contain a detailed description of the Gennan Consumer Price Index have been inc1uded with few alterations.Without the generous support from the experts of the Federal Statistical Office, particularly from Günther Elbel and Johann Szenzenstein, a critical review of the Gennan Consumer Price Index would have been doomed to failure from the outset.This paper also benefited from discussions that took place in work shops at the Deutsche Bundesbank and at the ZEW and at symposia held jointly by the Deutsche Bun desbank with Jürgen von Hagen and with the Economic Studies Division of the Österreichische National bank.I am particularly grateftll to my colleagues Robert Fecht, Hennann Hansen, Hans-Albert Leifer, Wolfgang Rippin, Georg Wels and Thomas Westennann as well as to the Head of the Deutsche Bundes bank's Economic Research Group, Heinz Herrmann, and Stefan Homburg (University of Hannover), who read the draft in its various stages and generously offered stimulating comments and criticism.It goes without saying that any remaining errors (and incorrect assessments) are my own.
DOI: 10.2139/ssrn.2785803
Author: Johannes Hoffmann
Institution: Deutsche Bundesbank
Language: English
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2125685461