Price Index Concepts and Measurement
Language: English
Published by University of Chicago Press, 2010
- Hardcover
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- Title
- Price Index Concepts and Measurement
- Author
- Diewert, W. Erwin (EDT); Greenlees, John (EDT); Hulten, Charles (EDT)
- Publisher
- University of Chicago Press
- Publication year
- 2010
- Condition
- As New
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 0226148556
- ISBN 13
- 9780226148557
Although inflation is much feared for its negative effects on the economy, how to measure it is a matter of considerable debate that has important implications for interest rates, monetary supply, and investment and spending decisions. Underlying many of these issues is the concept of the Cost-of-Living Index (COLI) and its controversial role as the methodological foundation for the Consumer Price Index (CPI).
Price Index Concepts and Measurements brings together leading experts to address the many questions involved in conceptualizing and measuring inflation. They evaluate the accuracy of COLI, a Cost-of-Goods Index, and a variety of other methodological frameworks as the bases for consumer price construction.
"Synopsis" may belong to another edition of this title.
About the Author
John Greenlees is a Research Economist and former Associate Commissioner for Prices and Living Conditions at the Bureau of Labor Statistics.
Charles R. Hulten is professor of economics at the University of Maryland and a research associate of the National Bureau of Economic Research.
"About the title" may belong to another edition of this title.
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