ArticleSwiss journal of economics and statistics2020
Weighting bias and inflation in the time of COVID-19: evidence from Swiss transaction data.
Article in Swiss journal of economics and statistics, 2020. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 9 papers.
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Who cites it
9 citing papers in PubMed.
- Article
- COVID-19 inflation weights in the UK and Germany.Journal of macroeconomics · 2023Article
- Modelling pandemic risks for policy analysis and forecasting.Economic modelling · 2023Article
- Monitoring consumption Switzerland: data, background, and use cases.Swiss journal of economics and statistics · 2023Article
- COVID-19, consumer behavior, technology, and society: A literature review and bibliometric analysis.Technological forecasting and social change · 2021Article
- What pandemic inflation tells: Old habits die hard.Economics letters · 2021Article
- High-Frequency Changes in Shopping Behaviours, Promotions and the Measurement of Inflation: Evidence from the Great Lockdown.Fiscal studies · 2020Article
- Tracking inflation on a daily basis.Swiss journal of economics and statistics · 2020Article
- Article
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Authors and funding
1 author.
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Abstract
Sharp changes in consumer expenditure may bias inflation during the COVID-19 pandemic. Using public data from debit card transactions, I quantify these changes in consumer spending, update CPI basket weights and construct an alternative price index to measure the effect of the COVID-induced weighting bias on the Swiss consumer price index. I find that inflation was higher during the lock-down than suggested by CPI inflation. The annual inflation rate of the COVID price index was -0.4
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