{"id":"https://openalex.org/W2553768880","doi":"https://doi.org/10.1080/03610918.2015.1100737","title":"Approximation of the Fisher Price index by using the Lloyd\u2013Moulton index: Simulation study","display_name":"Approximation of the Fisher Price index by using the Lloyd\u2013Moulton index: Simulation study","publication_year":2015,"publication_date":"2015-10-30","ids":{"openalex":"https://openalex.org/W2553768880","doi":"https://doi.org/10.1080/03610918.2015.1100737","mag":"2553768880"},"language":"en","primary_location":{"id":"doi:10.1080/03610918.2015.1100737","is_oa":false,"landing_page_url":"https://doi.org/10.1080/03610918.2015.1100737","pdf_url":null,"source":{"id":"https://openalex.org/S153329750","display_name":"Communications in Statistics - Simulation and Computation","issn_l":"0361-0918","issn":["0361-0918","1532-4141"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Communications in Statistics - Simulation and Computation","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5045978436","display_name":"Jacek Bia\u0142ek","orcid":"https://orcid.org/0000-0002-0952-5327"},"institutions":[{"id":"https://openalex.org/I34250744","display_name":"University of \u0141\u00f3d\u017a","ror":"https://ror.org/05cq64r17","country_code":"PL","type":"education","lineage":["https://openalex.org/I34250744"]}],"countries":["PL"],"is_corresponding":true,"raw_author_name":"Jacek Bia\u0142ek","raw_affiliation_strings":["Department of Statistical Methods, University of Lodz, Lodz, Poland"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Statistical Methods, University of Lodz, Lodz, Poland","institution_ids":["https://openalex.org/I34250744"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5045978436"],"corresponding_institution_ids":["https://openalex.org/I34250744"],"apc_list":null,"apc_paid":null,"fwci":2.1743,"has_fulltext":false,"cited_by_count":4,"citation_normalized_percentile":{"value":0.91700828,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":96},"biblio":{"volume":null,"issue":null,"first_page":"0","last_page":"0"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9527999758720398,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.9527999758720398,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/index","display_name":"Index (typography)","score":0.7229881286621094},{"id":"https://openalex.org/keywords/estimator","display_name":"Estimator","score":0.7024592757225037},{"id":"https://openalex.org/keywords/price-index","display_name":"Price index","score":0.6363345384597778},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.6124871373176575},{"id":"https://openalex.org/keywords/superlative","display_name":"Superlative","score":0.6090596318244934},{"id":"https://openalex.org/keywords/consumer-price-index","display_name":"Consumer price index (South Africa)","score":0.5709725022315979},{"id":"https://openalex.org/keywords/inflation","display_name":"Inflation (cosmology)","score":0.5506670475006104},{"id":"https://openalex.org/keywords/hedonic-index","display_name":"Hedonic index","score":0.5135948657989502},{"id":"https://openalex.org/keywords/generalized-entropy-index","display_name":"Generalized entropy index","score":0.4752224087715149},{"id":"https://openalex.org/keywords/volatility","display_name":"Volatility (finance)","score":0.4703769087791443},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.4204850196838379},{"id":"https://openalex.org/keywords/mathematics","display_name":"Mathematics","score":0.39628058671951294},{"id":"https://openalex.org/keywords/statistics","display_name":"Statistics","score":0.37680184841156006},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.16100281476974487},{"id":"https://openalex.org/keywords/monetary-policy","display_name":"Monetary policy","score":0.11134162545204163},{"id":"https://openalex.org/keywords/keynesian-economics","display_name":"Keynesian economics","score":0.07744020223617554}],"concepts":[{"id":"https://openalex.org/C2777382242","wikidata":"https://www.wikidata.org/wiki/Q6017816","display_name":"Index (typography)","level":2,"score":0.7229881286621094},{"id":"https://openalex.org/C185429906","wikidata":"https://www.wikidata.org/wiki/Q1130160","display_name":"Estimator","level":2,"score":0.7024592757225037},{"id":"https://openalex.org/C178131030","wikidata":"https://www.wikidata.org/wiki/Q631360","display_name":"Price index","level":2,"score":0.6363345384597778},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.6124871373176575},{"id":"https://openalex.org/C2778400572","wikidata":"https://www.wikidata.org/wiki/Q577714","display_name":"Superlative","level":2,"score":0.6090596318244934},{"id":"https://openalex.org/C109913693","wikidata":"https://www.wikidata.org/wiki/Q5164708","display_name":"Consumer price index (South Africa)","level":3,"score":0.5709725022315979},{"id":"https://openalex.org/C200941418","wikidata":"https://www.wikidata.org/wiki/Q273508","display_name":"Inflation (cosmology)","level":2,"score":0.5506670475006104},{"id":"https://openalex.org/C193156294","wikidata":"https://www.wikidata.org/wiki/Q1593293","display_name":"Hedonic index","level":3,"score":0.5135948657989502},{"id":"https://openalex.org/C166832808","wikidata":"https://www.wikidata.org/wiki/Q254487","display_name":"Generalized entropy index","level":3,"score":0.4752224087715149},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.4703769087791443},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4204850196838379},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.39628058671951294},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.37680184841156006},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.16100281476974487},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.11134162545204163},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.07744020223617554},{"id":"https://openalex.org/C136764020","wikidata":"https://www.wikidata.org/wiki/Q466","display_name":"World Wide Web","level":1,"score":0.0},{"id":"https://openalex.org/C6422946","wikidata":"https://www.wikidata.org/wiki/Q857354","display_name":"Panel data","level":2,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C33332235","wikidata":"https://www.wikidata.org/wiki/Q18362","display_name":"Theoretical physics","level":1,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1080/03610918.2015.1100737","is_oa":false,"landing_page_url":"https://doi.org/10.1080/03610918.2015.1100737","pdf_url":null,"source":{"id":"https://openalex.org/S153329750","display_name":"Communications in Statistics - Simulation and Computation","issn_l":"0361-0918","issn":["0361-0918","1532-4141"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Communications in Statistics - Simulation and Computation","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8","score":0.5699999928474426}],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":14,"referenced_works":["https://openalex.org/W560970841","https://openalex.org/W569517127","https://openalex.org/W1517116831","https://openalex.org/W1537556312","https://openalex.org/W1540146839","https://openalex.org/W1575759075","https://openalex.org/W1603369757","https://openalex.org/W1985228595","https://openalex.org/W1989282550","https://openalex.org/W2026633474","https://openalex.org/W2133573501","https://openalex.org/W2990775573","https://openalex.org/W3023660452","https://openalex.org/W4205745198"],"related_works":["https://openalex.org/W2230359637","https://openalex.org/W3144264169","https://openalex.org/W2184591975","https://openalex.org/W3083843112","https://openalex.org/W1835279837","https://openalex.org/W3125664419","https://openalex.org/W198559244","https://openalex.org/W594391947","https://openalex.org/W2050076097","https://openalex.org/W1492775418"],"abstract_inverted_index":{"The":[0],"Lloyd\u2013Moulton":[1,57,108],"price":[2,29,58,63,96],"index":[3,59,64,73,87],"does":[4],"not":[5],"make":[6],"use":[7],"of":[8,55,71,78,81,94,101,103],"current-period":[9],"expenditure":[10],"data":[11],"and,":[12],"as":[13],"it":[14,18],"is":[15,32],"commonly":[16],"known,":[17],"allows":[19],"us":[20],"to":[21],"approximate":[22],"superlative":[23],"indices,":[24],"in":[25,60,85],"particular":[26],"the":[27,38,42,53,56,61,76,79,92,95,99,104,107],"Fisher":[28,62],"index.":[30],"This":[31],"a":[33,68],"very":[34],"important":[35],"property":[36],"for":[37],"inflation":[39],"measurement":[40],"and":[41],"Consumer":[43],"Price":[44],"Index":[45],"bias":[46],"calculations.":[47],"In":[48],"this":[49,86],"article,":[50],"we":[51],"verify":[52],"utility":[54],"approximation.":[65],"We":[66,89],"propose":[67],"simple":[69],"modification":[70],"that":[72],"which":[74],"reduces":[75],"variation":[77],"estimator":[80],"an":[82],"unknown":[83],"parameter":[84,105],"formula.":[88,109],"also":[90],"examine":[91],"influence":[93],"volatility":[97],"on":[98],"quality":[100],"estimation":[102],"from":[106]},"counts_by_year":[{"year":2020,"cited_by_count":1},{"year":2018,"cited_by_count":1},{"year":2016,"cited_by_count":2}],"updated_date":"2025-11-06T03:46:38.306776","created_date":"2025-10-10T00:00:00"}
