Mick Silver
Last Updated: February 09, 2011
Mick Silver is a Senior Economist in the IMF’s Statistics Department specializing in price statistics. Previously Professor of Economic Statistics and Head of the Quantitative Analysis Group at Cardiff University, ASA/NSF Senior Research Fellow at US Bureau of Labor Statistics, and lecturer at Bath University. Research interests are mainly on index numbers. Publications include the Journal of Political Economy, Journal of Econometrics, Journal of Business and Economic Statistics, Economic Journal, and chapters in NBER books. Aside from academic papers and books he contributed several chapters to the ILO Consumer Price Index Manual and IMF Producer Price Index Manual, the 2008 SNA, the World Bank’s ICP Handbook, and is editor of, and contributor to, the IMF Export and Import Price Index Manual. He has acted as a long-time consultant to the U.K. Office for National Statistics (ONS) as well as many international organisations. Has been a long-serving member of the UN Ottawa Group and member (and chair) of the Inter-Secretariat Working Group on Price Statistics. Serves on the World Bank’s ICP Technical Expert Group and Statistics Canada’s Price Measurement Advisory Committee.
Email: msilver@imf.org
Education:
1973 to 1976 University of Leeds PhD Economic Statistics. 1969 to 1973 University of Leeds B.A. Economics.
Previous Experience:
February 2005 to present: Senior Economist, International Monetary Fund October 1988 to January 2005: Professor of Economic Statistics, Cardiff University, U.K. August 2001 to January 2002: Visiting Scholar, International Monetary Fund January 2001 to August 2001: National Science Foundation/American Statistical Association Senior Research Fellow, US Bureau of Labor Statistics October 1982 to June 1988: Lecturer in Industrial Economics and Statistics, Bath University July 1986 to January 1987: Consultant to the International Monetary Fund October 1976 to September 1982: Lecturer in Applied Statistics, University of Aston
Refereed Activities:
American Economic Review Applied Economics Bulletin of Economic Research Canadian Journal of Economics Economic Journal International Statistical Review Journal of Applied Statistics Journal of Industrial Economics Journal of International Development Studies Journal of Macroeconomics Journal of Modern African Studies Journal of Money Credit and Banking Journal of Official Statistics Journal of Political Economy Journal of the Royal Statistical Society, Series A Journal of the Royal Statistical Society, Series C Journal of the Royal Statistical Society, Series D Journal of Transport Studies and Policy OMEGA – International Journal for Research in Management Science Review of Economics and Statistics Review of Income and Wealth Review of Official Statistics Review of World Economics Studies in Comparative International Development
IMF Books and Working Papers:
IMF Applications of Purchasing Power Parity Estimates, Working Paper No. 10/253, November 01, 2010
The Hedonic Country Product Dummy Method and Quality Adjustments for Purchasing Power Parity Calculations, Working Paper No. 09/271, December 01, 2009
An Index Number Formula Problem: The Aggregation of Broadly Comparable Items, Working Paper No. 09/19, January 01, 2009
Hedonic Imputation versus Time Dummy Hedonic Indexes, Working Paper No. 07/234, October 01, 2007
Do Unit Value Export, Import, and Terms of Trade Indices Represent or Misrepresent Price Indices?, Working Paper No. 07/121, May 01, 2007
Why Elementary Price Index Number Formulas Differ: Price Dispersion and Product Heterogeneity, Working Paper No. 06/174, July 01, 2006
The Difference Between Hedonic Imputation Indexes and Time Dummy Hedonic Indexes, Working Paper No. 06/181, July 01, 2006
Core Inflation Measures and Statistical Issues in Choosing Among Them, Working Paper No. 06/97, April 01, 2006
Articles
“IMF applications of purchasing power parity estimates” Forthcoming as Chapter 27 in: In: D.S. Prasada Rao and Fred Vogel (Editors), Measuring the Size of the World Economy: A Framework, Methodology and Results from the International Comparison Program (ICP), World Bank: Washington DC. Editor and various chapters. In ILO, IMF, OECD, Eurostat, UN ECE, and World Bank, Mick Silver (ed.), Export and Import Price Index Manual: Theory and Practice, Washington D.C: IMF, 2009. “Comment on CPI bias from Supercentres” by Jerry Hausman and Ephraim Leibtag. In W. Erwin Diewert, John Greenlees, and Charles R. Hulten (eds.) Price Index Concepts and Measurement, National Bureau of Economic Research (NBER), Chicago: University of Chicago Press, 408–413, 2009. “Hedonic imputation indexes versus time dummy hedonic indexes”, (with Erwin Diewert and Saeed Heravi), In W. Erwin Diewert, John Greenlees, and Charles R. Hulten (eds.) Price Index Concepts and Measurement, NBER, Chicago: University of Chicago Press, 278–337, 2009. Also NBER Working Paper 14018, 2008. “Hedonic indexes: a study of alternative methods.” (with S. Heravi). In Ernst R. Berndt and Charles R. Hulten (eds.) Hard-to-Measure Goods and Services: Essays in Honour of Zvi Griliches, NBER, Chicago: University of Chicago Press, 235-268, 2007.
Publications in Refereed Journals
“An index number formula problem: the aggregation of broadly comparable items,” Journal of Official Statistics, accepted subject to revision. “The rights and wrongs of unit value indices.” Review of Income and Wealth, 56, 777, 206–223, June 2010. “Do unit value export, import, and terms of trade indices represent or misrepresent price indices?” IMF Staff Papers, 56, 2, 297–322, June 2009. “Core inflation: measures and statistical issues in choosing among them.” IMF Staff Papers, 54, 1, 163–190, May 2007. “Why elementary price index number formulas differ: price dispersion and product heterogeneity.” (with S. Heravi), Journal of Econometrics, 140, 2, 874–83, October 2007.* “The difference between hedonic imputation indexes and time dummy hedonic indexes.” (with S. Heravi), Journal of Business and Economic Statistics, 25, 2, 239-246, April 2007.* “A failure in the measurement of inflation: results from a hedonic and matched experiment using scanner data.” (with S. Heravi), Journal of Business and Economic Statistics, 23, 3, 269–281, July 2005.* “Inter-country differences in the relationship between relative price variability and average prices.” (with Christos Ioannidis), Journal of Political Economy, 109, 2, 355–374, April 2001.* “Scanner data and the measurement of inflation.” (with S. Heravi), The Economic Journal, 111, 472, 383–404, June 2001.
Mick Silver is a Senior Economist in the IMF’s Statistics Department specializing in price statistics. Previously Professor of Economic Statistics and Head of the Quantitative Analysis Group at Cardiff University, ASA/NSF Senior Research Fellow at US Bureau of Labor Statistics, and lecturer at Bath University. Research interests are mainly on index numbers. Publications include the Journal of Political Economy, Journal of Econometrics, Journal of Business and Economic Statistics, Economic Journal, and chapters in NBER books. Aside from academic papers and books he contributed several chapters to the ILO Consumer Price Index Manual and IMF Producer Price Index Manual, the 2008 SNA, the World Bank’s ICP Handbook, and is editor of, and contributor to, the IMF Export and Import Price Index Manual. He has acted as a long-time consultant to the U.K. Office for National Statistics (ONS) as well as many international organisations. Has been a long-serving member of the UN Ottawa Group and member (and chair) of the Inter-Secretariat Working Group on Price Statistics. Serves on the World Bank’s ICP Technical Expert Group and Statistics Canada’s Price Measurement Advisory Committee.
Email: msilver@imf.org
Education:
1973 to 1976 University of Leeds PhD Economic Statistics. 1969 to 1973 University of Leeds B.A. Economics.
Previous Experience:
February 2005 to present: Senior Economist, International Monetary Fund October 1988 to January 2005: Professor of Economic Statistics, Cardiff University, U.K. August 2001 to January 2002: Visiting Scholar, International Monetary Fund January 2001 to August 2001: National Science Foundation/American Statistical Association Senior Research Fellow, US Bureau of Labor Statistics October 1982 to June 1988: Lecturer in Industrial Economics and Statistics, Bath University July 1986 to January 1987: Consultant to the International Monetary Fund October 1976 to September 1982: Lecturer in Applied Statistics, University of Aston
Refereed Activities:
American Economic Review Applied Economics Bulletin of Economic Research Canadian Journal of Economics Economic Journal International Statistical Review Journal of Applied Statistics Journal of Industrial Economics Journal of International Development Studies Journal of Macroeconomics Journal of Modern African Studies Journal of Money Credit and Banking Journal of Official Statistics Journal of Political Economy Journal of the Royal Statistical Society, Series A Journal of the Royal Statistical Society, Series C Journal of the Royal Statistical Society, Series D Journal of Transport Studies and Policy OMEGA – International Journal for Research in Management Science Review of Economics and Statistics Review of Income and Wealth Review of Official Statistics Review of World Economics Studies in Comparative International Development
IMF Books and Working Papers:
IMF Applications of Purchasing Power Parity Estimates, Working Paper No. 10/253, November 01, 2010
The Hedonic Country Product Dummy Method and Quality Adjustments for Purchasing Power Parity Calculations, Working Paper No. 09/271, December 01, 2009
An Index Number Formula Problem: The Aggregation of Broadly Comparable Items, Working Paper No. 09/19, January 01, 2009
Hedonic Imputation versus Time Dummy Hedonic Indexes, Working Paper No. 07/234, October 01, 2007
Do Unit Value Export, Import, and Terms of Trade Indices Represent or Misrepresent Price Indices?, Working Paper No. 07/121, May 01, 2007
Why Elementary Price Index Number Formulas Differ: Price Dispersion and Product Heterogeneity, Working Paper No. 06/174, July 01, 2006
The Difference Between Hedonic Imputation Indexes and Time Dummy Hedonic Indexes, Working Paper No. 06/181, July 01, 2006
Core Inflation Measures and Statistical Issues in Choosing Among Them, Working Paper No. 06/97, April 01, 2006
Articles
“IMF applications of purchasing power parity estimates” Forthcoming as Chapter 27 in: In: D.S. Prasada Rao and Fred Vogel (Editors), Measuring the Size of the World Economy: A Framework, Methodology and Results from the International Comparison Program (ICP), World Bank: Washington DC. Editor and various chapters. In ILO, IMF, OECD, Eurostat, UN ECE, and World Bank, Mick Silver (ed.), Export and Import Price Index Manual: Theory and Practice, Washington D.C: IMF, 2009. “Comment on CPI bias from Supercentres” by Jerry Hausman and Ephraim Leibtag. In W. Erwin Diewert, John Greenlees, and Charles R. Hulten (eds.) Price Index Concepts and Measurement, National Bureau of Economic Research (NBER), Chicago: University of Chicago Press, 408–413, 2009. “Hedonic imputation indexes versus time dummy hedonic indexes”, (with Erwin Diewert and Saeed Heravi), In W. Erwin Diewert, John Greenlees, and Charles R. Hulten (eds.) Price Index Concepts and Measurement, NBER, Chicago: University of Chicago Press, 278–337, 2009. Also NBER Working Paper 14018, 2008. “Hedonic indexes: a study of alternative methods.” (with S. Heravi). In Ernst R. Berndt and Charles R. Hulten (eds.) Hard-to-Measure Goods and Services: Essays in Honour of Zvi Griliches, NBER, Chicago: University of Chicago Press, 235-268, 2007.
Publications in Refereed Journals
“An index number formula problem: the aggregation of broadly comparable items,” Journal of Official Statistics, accepted subject to revision. “The rights and wrongs of unit value indices.” Review of Income and Wealth, 56, 777, 206–223, June 2010. “Do unit value export, import, and terms of trade indices represent or misrepresent price indices?” IMF Staff Papers, 56, 2, 297–322, June 2009. “Core inflation: measures and statistical issues in choosing among them.” IMF Staff Papers, 54, 1, 163–190, May 2007. “Why elementary price index number formulas differ: price dispersion and product heterogeneity.” (with S. Heravi), Journal of Econometrics, 140, 2, 874–83, October 2007.* “The difference between hedonic imputation indexes and time dummy hedonic indexes.” (with S. Heravi), Journal of Business and Economic Statistics, 25, 2, 239-246, April 2007.* “A failure in the measurement of inflation: results from a hedonic and matched experiment using scanner data.” (with S. Heravi), Journal of Business and Economic Statistics, 23, 3, 269–281, July 2005.* “Inter-country differences in the relationship between relative price variability and average prices.” (with Christos Ioannidis), Journal of Political Economy, 109, 2, 355–374, April 2001.* “Scanner data and the measurement of inflation.” (with S. Heravi), The Economic Journal, 111, 472, 383–404, June 2001.