Stochastic Index Numbers and Their Application in Accounting, Economics and Finance

随机指数及其在会计、经济和金融中的应用

• 批准号: DP0342442
• 负责人: Prof Kenneth Clements
• 金额: $ 8万
• 依托单位: The University of Western Australia
• 依托单位国家: 澳大利亚
• 项目类别: Discovery Projects
• 财政年份: 2003
• 资助国家: 澳大利亚
• 起止时间: 2003-07-02 至 2006-12-31
• 项目状态: 已结题
• 来源: https://dataportal.arc.gov.au/RGS/Web/Grants/DP0342442
• 关键词: Stochastic; Index; Numbers; Their; Application

Index numbers of prices, such as the Consumer Price Index and the All Ordinaries Index, are among the most important economic statistics for the whole economy. But despite their importance, currently constructed price indexes do not use all the information available in the underlying price data, namely the dispersion among the individual prices. This project will develop and apply a methodology for a new approach to index numbers that incorporates this information and leads to tractable ways of estimating the whole distribution of the index value, rather than just one number. The practical usefulness of this mthodology will be demonstrated with applications in accounting (sustainable earnings), economics (real exchange rates) and finance (share prices).

价格指数，如消费物价指数和所有普通指数，是整个经济最重要的经济统计数字之一。但是，尽管它们很重要，目前构建的价格指数并没有使用基础价格数据中的所有信息，即各个价格之间的离散度。该项目将开发和应用一种新的指数方法，其中纳入了这些信息，并导致了估计指标值的整个分布而不是一个数字的简便方法。这种方法的实际效用将通过在会计(可持续收益)、经济学(实际汇率)和金融(股票价格)中的应用来展示。