JSM 2004 Online Program

Abstract #301243

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Activity Number:	23
Type:	Contributed
Date/Time:	Sunday, August 8, 2004 : 2:00 PM to 3:50 PM
Sponsor:	Section on Survey Research Methods
Abstract - #301243
Title:	Estimating Basic Weights for the U.S. Consumer Price Index
Author(s):	Sylvia G. Leaver*+ and Darin T. Solk
Companies:	Bureau of Labor Statistics and Bureau of Labor Statistics
Address:	2 Massachusetts Ave., NE, Room 3655, Washington, DC, 20212,
Keywords:	probability sampling ; consumer expenditure
Abstract:	We present findings from current research on quote-level weights used in constructing elementary indexes for the Commodities and Services component of the U.S. Consumer Price Index. These weights are complex in their construction and rely on expenditure estimates from two supporting surveys, the Consumer Expenditure Survey and the Telephone Point of Purchase Survey, both of which contribute to the variability of the quote-level weights. We also present experimental results, including estimates of indexes and standard errors, for a subset of item strata with which we use smoothed estimates of expenditures.

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