Price Index Concepts and Measurement
eBook - PDF

Price Index Concepts and Measurement

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

Price Index Concepts and Measurement

About this book

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.

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Yes, you can access Price Index Concepts and Measurement by W. Erwin Diewert, John Greenlees, Charles R. Hulten, W. Erwin Diewert,John Greenlees,Charles R. Hulten in PDF and/or ePUB format, as well as other popular books in Betriebswirtschaft & Business allgemein. We have over one million books available in our catalogue for you to explore.

Table of contents

  1. Contents
  2. Prefatory Note
  3. Introduction: What are the Issues? / W. Erwin Diewert, John Greenlees, and Charles Hulten
  4. 1. A Review of Reviews: Ninety Years of Professional Thinking About the Consumer Price Index / Marshall Reinsdorf and Jack E. Triplett
  5. 2. Apparel Prices 1914–1993 and the Hulten/Bruegel Paradox / Robert J. Gordon
  6. 3. Reassessing the U.S. Quality Adjustment to Computer Prices: The Role of Durability and Changing Software / Robert C. Feenstra and Christopher R. Knittel
  7. 4. Hedonic Imputation versus Time Dummy Hedonic Indexes / W. Erwin Diewert, Saeed Heravi, and Mick Silver
  8. 5. CPI Bias from Supercenters: Does the BLS Know That Wal-Mart Exists? / Jerry Hausman and Ephraim Leibtag
  9. 6. Incorporating Financial Services in a Consumer Price Index / Dennis Fixler
  10. 7. A General Equilibrium Asset-Pricing Approach to the Measurement of Nominal and Real Bank Output / J. Christina Wang, Susanto Basu, and John G. Fernald
  11. 8. Can A Disease-Based Price Index Improve the Estimation of the Medical Consumer Price Index? / Xue Song, William D. Marder, Robert Houchens, Jonathan E. Conklin, and Ralph Bradley
  12. 9. Price and Real Output Measures for the Education Function of Government: Exploratory Estimates for Primary and Secondary Education / Barbara M. Fraumeni, Marshall Reinsdorf, Brooks B. Robinson, and Matthew P. Williams
  13. 10. Measuring the Output and Prices of the Lottery Sector: An Application of Implicit Expected Utility Theory / Kam Yu
  14. 11. Consumption of Own Production and Cost-of-Living Indexes / T. Peter Hill
  15. 12. Durables and Owner-Occupied Housing in a Consumer Price Index / W. Erwin Diewert
  16. Contributors
  17. Author Index
  18. Subject Index