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Getting Prices Right: Debate Over the Consumer Price Index
Getting Prices Right: Debate Over the Consumer Price Index
📖 Book - PDF

Getting Prices Right: Debate Over the Consumer Price Index

Debate Over the Consumer Price Index
Dean Baker
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200 pages
language
English
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📖 Book - PDF

Getting Prices Right: Debate Over the Consumer Price Index

Debate Over the Consumer Price Index
Dean Baker
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About This Book

Compiled by the Bureau of Labor Statistics, the CPI is used to index Social Security payments and many other federal programs, as well as to adjust tax brackets. Today, the accuracy of the CPI is being hotly debated, particularly in light of the Boskin Commission report that concluded in December 1996 that the CPI overstates inflation by 1.1%. If accepted and applied in the formulation of economic policy, the report would have major implications for balancing the federal budget. It would have a direct impact on the lives of Americans who are beneficiaries of government programs as well as on everyone who pays taxes. In this book, Dean Baker introduces and explains the significance of the debate, presents the full text of the Boskin Commission report and finally discusses in a far-reaching and insightful analysis both the Commission's research methodology and its conclusions.

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Information

Publisher
Taylor and Francis
Year
2016
ISBN
9781315502632
Topic
Business
Subtopic
Business General
Edition
1

Table of contents