Price Index Concepts And Measurement
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Price Index Concepts And Measurement
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Author : W. Erwin Diewert
language : en
Publisher: University of Chicago Press
Release Date : 2010-02-15
Price Index Concepts And Measurement written by W. Erwin Diewert and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-02-15 with Business & Economics categories.
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.
At What Price
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Author : National Research Council
language : en
Publisher: National Academies Press
Release Date : 2002-03-25
At What Price written by National Research Council and has been published by National Academies Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-03-25 with Political Science categories.
How well does the consumer price index (CPI) reflect the changes that people actually face in living costsâ€"from apples to computers to health care? Given how it is used, is it desirable to construct the CPI as a cost-of-living index (COLI)? With what level of accuracy is it possible to construct a single index that represents changes in the living costs of the nation's diverse population? At What Price? examines the foundations for consumer price indexes, comparing the conceptual and practical strengths, weaknesses, and limitations of traditional "fixed basket" and COLI approaches. The book delves into a range of complex issues, from how to deal with the changing quality of goods and services, including difficult-to-define medical services, to how to weight the expenditure patterns of different consumers. It sorts through the key attributes and underlying assumptions that define each index type in order to answer the question: Should a COLI framework be used in constructing the U.S. CPI? In answering this question, the book makes recommendations as to how the Bureau of Labor Statistics can continue to improve the accuracy and relevance of the CPI. With conclusions that could affect the amount of your next pay raise, At What Price? is important to everyone, and a must-read for policy makers, researchers, and employers.
Consumer Price Index Manual 2020
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Author : Brian Graf
language : en
Publisher: INTERNATIONAL MONETARY FUND
Release Date : 2020-11-19
Consumer Price Index Manual 2020 written by Brian Graf and has been published by INTERNATIONAL MONETARY FUND this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-11-19 with Business & Economics categories.
The Consumer Price Index Manual: Concepts and Methods contains comprehensive information and explanations on compiling a consumer price index (CPI). The Manual provides an overview of the methods and practices national statistical offices (NSOs) should consider when making decisions on how to deal with the various problems in the compilation of a CPI. The chapters cover many topics. They elaborate on the different practices currently in use, propose alternatives whenever possible, and discuss the advantages and disadvantages of each alternative. The primary purpose of the Manual is to assist countries in producing CPIs that reflect internationally recommended methods and practices.
Consumer Price Index Manual
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Author : International Labour Office
language : en
Publisher: International Labour Organization
Release Date : 2004-08-25
Consumer Price Index Manual written by International Labour Office and has been published by International Labour Organization this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-08-25 with Business & Economics categories.
The consumer price index (CPI) measures the rate at which prices of consumer goods and services change over time. It is used as a key indicator of economic performance, as well as in the setting of monetary and socio-economic policy such as indexation of wages and social security benefits, purchasing power parities and inflation measures. This manual contains methodological guidelines for statistical offices and other agencies responsible for constructing and calculating CPIs, and also examines underlying economic and statistical concepts involved. Topics covered include: expenditure weights, sampling, price collection, quality adjustment, sampling, price indices calculations, errors and bias, organisation and management, dissemination, index number theory, durables and user costs.
Medical Care Output And Productivity
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Author : David M. Cutler
language : en
Publisher: University of Chicago Press
Release Date : 2007-12-01
Medical Care Output And Productivity written by David M. Cutler and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-12-01 with Political Science categories.
With the United States and other developed nations spending as much as 14 percent of their GDP on medical care, economists and policy analysts are asking what these countries are getting in return. Yet it remains frustrating and difficult to measure the productivity of the medical care service industries. This volume takes aim at that problem, while taking stock of where we are in our attempts to solve it. Much of this analysis focuses on the capacity to measure the value of technological change and other health care innovations. A key finding suggests that growth in health care spending has coincided with an increase in products and services that together reduce mortality rates and promote additional health gains. Concerns over the apparent increase in unit prices of medical care may thus understate positive impacts on consumer welfare. When appropriately adjusted for such quality improvements, health care prices may actually have fallen. Provocative and compelling, this volume not only clarifies one of the more nebulous issues in health care analysis, but in so doing addresses an area of pressing public policy concern.
Consumer Price Index
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Author : DIANE Publishing Company
language : en
Publisher: DIANE Publishing
Release Date : 2004-08-30
Consumer Price Index written by DIANE Publishing Company and has been published by DIANE Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-08-30 with Law categories.
The Consumer Price Index (CPI) is the measure of price changes that was used in FY 1995 to adjust for inflation $441 billion in Fed. spending and $595 billion of Fed. tax receipts. This document reports on the opinions of experts to: determine if a change made in the early 1980s to the housing component in the CPI made it either more or less suitable for use as a cost-of-living measurements; and identify the advantages and disadvantages of changing the current measurement of medical care costs to an approach that more closely matches a cost-of-living measure.
Consumer Price Index Manual Theory And Practice
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Author : The World Bank
language : en
Publisher: OECD Publishing
Release Date : 2009-11-30
Consumer Price Index Manual Theory And Practice written by The World Bank and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-11-30 with categories.
This comprehensive manual provides guidelines for statistical offices and other agencies responsible for constructing CPIs and explains in-depth the methods that are used to calculate a CPI.
The Consumer Price Index
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Author : United States. Bureau of Labor Statistics
language : en
Publisher:
Release Date : 1978
The Consumer Price Index written by United States. Bureau of Labor Statistics and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Consumer price indexes categories.
The Price Index And Its Extension
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Author : S. N. Afriat
language : en
Publisher: Psychology Press
Release Date : 2005
The Price Index And Its Extension written by S. N. Afriat and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.
The unique and ingenious S.N. Afriat is back and writing on the subject of the Price Index. This book is totally unique and shall be of great interest to economists and statisticians everywhere.
Empirical Studies On Consumer Price Index Construction
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Author : Jan de Haan
language : en
Publisher:
Release Date : 2000
Empirical Studies On Consumer Price Index Construction written by Jan de Haan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with categories.