Asset Prices in the Measurement of Inflation

Overview of attention for article published in this source, January 2002

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* 2002 * We should have included asset prices into inflation measurements. Would have prevented the housing crisis. 🤷 https://t.co/D1wVUbjCvT https://t.co/eJVdTwicpQ

@nlewis1111 @RnaudBertrand @robertwrighter Since I wrote this I was looking around somebody's already written the paper about it. https://t.co/9BO6xLe9f4

“Failure to include asset prices in aggregate price statistic has introduced a downward bias of roughly 0.25%, annually, in US #inflation number/#CPI. Amongst equities, bonds, and houses—failure to include housing resulted the largest error.” 2002. 😂 …

RT @dandolfa: @DiMartinoBooth @JohnWake Danielle, consider this article, incorporates asset prices, finds inflation underestimated, but not…

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