NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

How Much Do Official Price Indexes Tell Us about Inflation?

Jessie Handbury, Tsutomu Watanabe, David E. Weinstein

NBER Working Paper No. 19504
Issued in October 2013

---- Acknowledgements -----

The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. We would like to thank Morgan Hardy, Scott Marchi, and Molly Schnell for excellent research support. We also would like to thank Sakai Ando, Kosuke Aoki, John Greenlees, and Emi Nakamura for excellent comments. David Weinstein would like to thank the National Science Foundation (SES-11227493) and the Center on Japanese Economy and Business for generous financial support. Jessie Handbury would like to thank the Research Sponsors' Program of the Zell-Lurie Real Estate Center at Wharton for financial support. Tsutomu Watanabe would like to thank the Japan Society for the Promotion of Science for financial support (JSPS Grant-in-Aid for Scientific Research no. 24223003).

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