Office of Survey Methods Research

Abstract

Sylvia Leaver and William Larson (2001) "Estimating Variances for a Scanner-Based Consumer Price Index."

In this paper we present estimates of the sampling variance of price change for an experimental scanner-based Consumer Price Index for cereal for the New York Consolidated Metropolitan Area. Variances are presented for 1-, 6- and 12-month price change lags, using a stratified jackknife methodology. Estimates are contrasted with variance estimates for the published price index for cereal for the same area. Sources of price change variability are identified and discussed.

Last Modified Date: July 19, 2008

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