Measuring Inflation and Growth Using Spanning Trees

By R. Hill. 2001

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INTRODUCTION TO MEASUREMENT WITH THEORY (2009, methodology): “The second paper dealing with international comparisons in this special issue is by Robert Hill and Peter Hill (2009). Their paper explains the new methodology that was used in the 2005 International Comparison Program (ICP) that compared the relative price levels and GDP levels across 146 countries”
Constructing Price Indexes across Space and Time: The Case of the European Union (2004, methodology): “If the Paasche-Laspeyres spreads are used as weights, a reasonable case can be made for arguing that the resulting minimum-spanning tree is the spanning tree that minimizes the sensitivity of the multilateral price indexes to the choice of bilateral index number formula [see Hill (1999a)].”