Price Index Concepts and Measurement (Volume 70) (National Bureau of Economic Research Studies in Income and Wealth),Used

Price Index Concepts and Measurement (Volume 70) (National Bureau of Economic Research Studies in Income and Wealth),Used

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SKU: SONG0226148556
Brand: University of Chicago Press
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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 CostofLiving 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 CostofGoods Index, and a variety of other methodological frameworks as the bases for consumer price construction.

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