@article{Canadian:1649, recid = {1649}, author = {Kryvtsov, Oleksiy}, title = {Is There a Quality Bias in the Canadian CPI? Evidence from Micro Data}, address = {2013}, pages = {1 online resource (iii, 14 pages plus tables)}, abstract = {Rising consumer prices may reflect shifts by consumers to new higher-priced products, mostly for durable and semi-durable goods. I apply Bils’ (2009) methodology to newly available Canadian consumer price data for non-shelter goods and services to estimate how price increases can be divided between quality growth and price inflation. I find that less than one-third of observed price increases during model changeovers should be attributed to quality growth. This implies overall price inflation close to inflation measured by the official index. I conclude that, according to Bils’ methodology, the quality bias is not an important source of potential mismeasurement of CPI inflation in Canada.}, url = {http://www.oar-rao.bank-banque-canada.ca/record/1649}, doi = {https://doi.org/10.34989/swp-2013-24}, }