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Johnny2022-09-19 21:41:52
Substitution bias: As the price of one good or service rises, people may substitute it with other goods or services that have a lower price. This substitution will result in an upward bias in the measured inflation rate based on a Laspeyres index.
同学你好,它的意思是当一个产品的价格上升时,人们会用其他价格更低的产品来替代它,那这样基于拉式的话等于变相高估了通胀,因为人们实际上会购买更加便宜的替代品。
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