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Masterclass and Conference on Measuring Prices and Quantities

Organised by CeMMAP and ESWG

This masterclass and conference is a joint initiative of the Centre for Microdata Methods and Practice (CeMMAP) and the Economic Statistics Working Group (ESWG). The masterclass and conference will take place in the CILIP venue, 7 Ridgmount St, Fitzrovia, London WC1E 7AE  on the 17th and 18th March 2020 respectively.

The masterclass on 17th March will be taken by Prof. Erwin Diewert. It requires a basic understanding of partial derivatives and constrained optimisation of functions of more than one variable, as well as an understanding of basic matrix algebra.

The topics to be covered in the class are:

  1. Basic index number theory: basket approaches and stochastic approaches
  2. Axiomatic or test approaches to index number theory
  3. The economic approach to index number theory
  4. Multilateral index number theory and the chain drift problem
  5. Quality adjustment: hedonic regression methods


Registration for the conference and masterclass are now open. The programme for the conference can be found here.

£50 Masterclass 

£100 Conference but

£25 per event for students.

We would also like to say that there is no charge for paper presenters.

To register for the conference click here

To register for the masterclass click here


Erwin Diewert gained his PhD at Berkeley in 1969 where he was advised by Dan McFadden. He has been a Professor of Economics at the Vancouver School of Economics at the University of British Colombia, where he was also an undergraduate and post-graduate student, since 1970. He also holds a part-time appointment at the University of New South Wales.

His areas of interest are price measurement, the measurement of productivity and index number theory and more generally, welfare economics and applied general equilibrium modelling. His early work on index numbers was brought together in a volume of collected papers Essays in Index Number Theory. It includes “Exact and Superlative Index Numbers”, one of his best-known papers published in the Journal of Econometrics in 1976. He also introduced (with Caves and Christensen) the Malmquist productivity index and he developed and promoted the concept of the user cost of capital. Later work has focused on the problems of making price and quantity comparisons across countries and on some of the problems to be addressed in measuring capital inputs. Recent publications include work on industry productivity and cross-country convergence in the Journal of Eonometrics (2016) and an overview of innovations in measurement in economics and econometrics, also in the Journal of Econometrics (2016).

His work has found many applications in official statistics. He encouraged the adoption of chained index numbers in the national accounts, a practice which is now widespread.   He is a Member of the Royal Society of Canada, a Fellow of the Econometric Society and Chairman of the Statistics Canada Advisory Committee on Prices.

CeMMAP,  the Centre for Microdata Methods and Practice is a research centre supported by the Economic and Social Research Council. CeMMAP develops and applies methods for modelling individual behaviour, the influences on it and the impact of policy interventions.


The Economic and Statistics Working Group was set up and is supported by the Economic Statistics Centre of Excellence, the Office for National Statistics, the Royal Economic Society, the Royal Statistical Society and the Society of Professional Economists to promote research and understanding of issues associated with economic statistics.

06 August 2019

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