Towards a big data CPI for New Zealand Paper presented at the - PowerPoint PPT Presentation

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Towards a big data CPI for New Zealand Paper presented at the Ottawa Group 2017, Eltville, Germany Alan Bentley and Frances Krsinich May 2016 The century-old inflation measurement paradigm View of Karangahape Road, Auckland. Ref:

Towards a big data CPI for New Zealand Paper presented at the Ottawa Group 2017, Eltville, Germany Alan Bentley and Frances Krsinich May 2016
The century-old inflation measurement paradigm View of Karangahape Road, Auckland. Ref: 1/2-001196-G. Alexander Turnbull Library, Wellington, New Zealand. /records/22686552
New data sources
Paradigm shift Traditional data Big data Designed sample surveys Found digital footprints Target population Data available
Assessing coverage Product Place Time
New data sources
Product coverage
Regional coverage
Outlet coverage
Implementation
Rent Cottages in Pulham Road, Warkworth part of Cottages in Pulham Road, Warkworth. Price, William Archer, 1866-1948 :Collection of post card negatives. Ref: 1/2-001796-G. Alexander Turnbull Library, Wellington, New Zealand. /records/23190869
Rent
Rent: data sources A ll rental properties Missing from census and bonds Census Non-active bonds Census over-coverage Tenancy bonds
Rent: regional coverage
Rent: temporal coverage
Rent: timing

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