Ep. 72: Chapwood Index vs CPI – Which is the Better Inflation Index?
Cents and Sensibility: the Inflation Guy Podcast
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How Chap With Index Treat Non-Response
It seems to be based on self-reporting. The things which initially went down in price will just vanish from the index for a long time. If it really is self-reporting, then you can see that there's going to be a massive bias because people tend to report things that they notice and they tend to notice the things that move the most. These aren't little things. Like, gee, should you include a mortgage or some other way of owner's equivalent rent? Should you include taxes or not?"
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