A study on the influencing factors of CPI bias in different groups in Canada

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dc.contributor.advisorEmery, Herb
dc.contributor.authorWang, Haoyu
dc.date.accessioned2023-03-01T16:16:58Z
dc.date.available2023-03-01T16:16:58Z
dc.date.issued2019
dc.date.updated2023-03-01T15:01:11Z
dc.description.abstractThe official CPI may mismeasure the cost of living for different groups of people. This paper investigates the factors that might explain the size of the CPI bias measured by Emery and Guo (2019) for the years 1999 to 2015. We apply the partial least squares method (PLS) estimates of CPI bias for 10 provinces and 14 sub-groups to determine which subcomponents of the CPI are influential on the CPI bias. The result shows that gasoline, fuel and clothing are important factors affecting the CPI bias of each group. However, when we group the samples in 2010 as the cutoff point, this effect is more significant in the later stage, while the influence factors of each group in the early stage have a large inter-group difference and the exchange rate has an important impact on the CPI bias of each group, especially in the later stage.
dc.description.copyright© Haoyu Wang, 2019
dc.description.noteA Report Submitted in Partial Fulfillment of the Requirements for the Degree of Master of Arts in the Graduate Academic Unit of Economics
dc.formattext/xml
dc.format.extentiv, 30 pages
dc.format.mediumelectronic
dc.identifier.urihttps://unbscholar.lib.unb.ca/handle/1882/13290
dc.language.isoen_CA
dc.publisherUniversity of New Brunswick
dc.rightshttp://purl.org/coar/access_right/c_abf2
dc.subject.disciplineEconomics
dc.titleA study on the influencing factors of CPI bias in different groups in Canada
dc.typemaster thesis
thesis.degree.disciplineEconomics
thesis.degree.fullnameMaster of Arts
thesis.degree.grantorUniversity of New Brunswick
thesis.degree.levelmasters
thesis.degree.nameM.A.

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