The Impact of Price Movements on Real Welfare through the PS-QAIDS Cost of Living Index for Australia and Canada
Bibliographic record
Abstract
This paper constructs a cost of living index (CLI) based upon a demographically scaled version of the Quadratic Almost Ideal rank-3 demand system. The construction of a CLI in demographic rank-3 framework allows the index to vary across demographics and expenditure level. The parameters of the CLI are recovered by estimating the demand system based upon a pooled cross section of the Household Expenditure Surveys (HES) and Consumer Price Index (CPI) series from the Australian Bureau of Statistics (ABS) and the Family Expenditure Survey (FES) and CPI series from Statistics Canada (SC). The impact of price changes, in nine broad commodity aggregates, upon real measures of welfare, is examined through the elasticity of CLI with respect to price for Australia and Canada. The variation of the impact is examined across levels of equivalent This paper constructs a cost of living index (CLI) based upon a demographically scaled version of the Quadratic Almost Ideal rank-3 demand system. The construction of a CLI in demographic rank-3 framework allows the index to vary across demographics and expenditure level. The parameters of the CLI are recovered by estimating the demand system based upon a pooled
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How this classification was reachedexpand
Full frame distilled prediction
Teacher imitationNot calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.
Codex and Gemma teacher scores by category
| Category | Codex | Gemma |
|---|---|---|
| Metaresearch | 0.000 | 0.000 |
| Meta-epidemiology (narrow) | 0.000 | 0.000 |
| Meta-epidemiology (broad) | 0.000 | 0.000 |
| Bibliometrics | 0.000 | 0.000 |
| Science and technology studies | 0.000 | 0.000 |
| Scholarly communication | 0.000 | 0.000 |
| Open science | 0.000 | 0.000 |
| Research integrity | 0.000 | 0.000 |
| Insufficient payload (model declined to judge) | 0.000 | 0.000 |
Machine scores (provisional)
The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.
Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.
score_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from itClassification
machine, unvalidatedMachine predicted; a candidate call from one teacher head, not a consensus.
How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".