dmai 1.0.0
Changes visible to users
dmai() keeps its name, its arguments
(.data, method, logbase) and its
result (a table with the date and DMAI); new arguments are
appended: date, x, r (column
names; by default Date, x1, x2, …
and r1, r2, … as before),
user_cost (user costs given directly),
benchmark (a benchmark rate instead of the largest
component rate, with the upper envelope), percent,
base and as_dt.
- The table also has the index level (
index, equal to
base at the first date) and value (the
aggregate in the units of the components). It is a
data.table (version 0.5.0 returned a grouped tibble).
as_dt = FALSE returns the full result, of class
c("dmai_index", "dmai_result", "list"): the index, the user
costs and shares of every component, the benchmark rate, the dual
user-cost price index, the Divisia second moments and the simple sum,
with print(), summary(), plot(),
ggplot2::autoplot() and as.data.table()
methods; the printed result ends with the sources of the method.
- Every function that takes data or a result is an S3 generic with a
.default method.
method has a default ("Barnett"): in
version 0.5.0 a call without method stopped with an
error.
Corrections
- The growth
DMAI of the Barnett method used logarithms
to base 10 by default (logbase = NULL), which gives 0.434
times the growth rate; Barnett’s Divisia index uses natural logarithms.
The default is now the natural logarithm, so DMAI is the
growth in percent; logbase = 10 reproduces version 0.5.0
exactly.
New
- Methods
"Fisher" (Fisher ideal index),
"SimpleSum" and "CE" (currency equivalent
index of Rotemberg, Driscoll and Poterba 1995) in
dmai().
dmai_compare(): every method on the same data, with
average growth per period and per year.
dmai_user_cost(): user costs and expenditure shares of
the components.
dmai_moments(): Divisia means and variances of the
growth of the components and of their user costs (Barnett and Serletis
1990).
- The dual user-cost price index by factor reversal.
dmai_interpret(), dmai_cite(),
dmai_app(): a plain-language interpretation of every
result, the references of every method and a built-in shiny application;
dmai_theme(), dmai_save() (with WebP),
dmai_notation(), dmai_reference().
- Data:
money_sim (simulated monthly monetary components,
2005 to 2024) and cpi_ch19 (the artificial data of the
Consumer Price Index Manual, whose chained Laspeyres, Paasche, Fisher
and Tornqvist indexes the package reproduces).
- Quarto vignettes in HTML and PDF; complete help pages with the
formulas; tests against version 0.5.0, hand computations and the
published values.
Internal
- dplyr, magrittr, stringr, tibble and tidyr are no longer imported;
the computations are matrix operations and
data.table.
dmai 0.5.0
- Updated to pass CRAN tests
dmai 0.4.0
Bug
- Fixed the bug in logbase argument
dmai 0.3.0
New Features
dmai 0.1.0
New Features