https://padlet.com/sdaviska/j59u3myq6kjk ECON 302 en-us 2017-11-29 15:28:38 UTC 2017-12-04 20:41:54 UTC hello@padlet.com https://padlet-assets.s3.amazonaws.com/icons/Growing.png https://padlet.com/sdaviska/j59u3myq6kjk/wish/213063940 The Billion Prices Index is a tool that accounts for online prices and uses these prices to measure inflation.
https://eds.a.ebscohost.com/eds/pdfviewer/pdfviewer?vid=1&sid=a2852acd-3649-4fb0-9126-e3c2330d9a15%40sessionmgr4008]]> 2017-12-04 20:19:12 UTC https://padlet.com/sdaviska/j59u3myq6kjk/wish/213063940 https://padlet.com/sdaviska/j59u3myq6kjk/wish/213064648 Utilizes online prices to construct daily price indexes and avoid measurement biases that distort price stickiness and  international relative prices. ]]> 2017-12-04 20:20:39 UTC https://padlet.com/sdaviska/j59u3myq6kjk/wish/213064648 https://padlet.com/sdaviska/j59u3myq6kjk/wish/213065532 The index is produced daily, monthly, and annually for inflation.
http://www.thebillionpricesproject.com/datasets/]]> 2017-12-04 20:22:36 UTC https://padlet.com/sdaviska/j59u3myq6kjk/wish/213065532 https://padlet.com/sdaviska/j59u3myq6kjk/wish/213066043 Index seeks to alleviate the issues associated with traditional "baskets of goods" because they are attained by people working for statistic bureaus monthly or bimonthly. "This process is expensive, complex, and often too slow for some users of the data. Infrequent sampling and slow updates to the baskets can complicate adjustments for quality changes and the introduction of new goods"
Focus on measurement of prices rather than prediction.
Disadvantages: lacks info on quantities sold, smaller set of retailers, online prices vs. offline prices]]> 2017-12-04 20:23:49 UTC https://padlet.com/sdaviska/j59u3myq6kjk/wish/213066043 https://padlet.com/sdaviska/j59u3myq6kjk/wish/213068931  The data are collected every day from online retailers using a software that scans the underlying code in public webpages and stores the relevant price information in a database. The resulting dataset contains daily prices on the full array of products sold by these retailers.
http://www.thebillionpricesproject.com/usa/]]> 2017-12-04 20:31:04 UTC https://padlet.com/sdaviska/j59u3myq6kjk/wish/213068931 https://padlet.com/sdaviska/j59u3myq6kjk/wish/213070493 Here is their excel file:
https://dataverse.harvard.edu/dataset.xhtml?persistentId=doi%3A10.7910%2FDVN%2F6RQCRS]]> 2017-12-04 20:35:22 UTC https://padlet.com/sdaviska/j59u3myq6kjk/wish/213070493 https://padlet.com/sdaviska/j59u3myq6kjk/wish/213071570  the Billion Price Index only covers goods — not services. So it’s got a narrower focus than the CPI]]> 2017-12-04 20:38:38 UTC https://padlet.com/sdaviska/j59u3myq6kjk/wish/213071570