The Price Index And Its Extension
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Author | : S. N. Afriat |
Publisher | : Psychology Press |
Total Pages | : 464 |
Release | : 2005 |
Genre | : Business & Economics |
ISBN | : 9780415323376 |
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.
Author | : David M. Cutler |
Publisher | : |
Total Pages | : 630 |
Release | : 2001 |
Genre | : Cost effectiveness |
ISBN | : |
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.
Author | : S. N. Afriat |
Publisher | : CUP Archive |
Total Pages | : 216 |
Release | : 1977 |
Genre | : Business & Economics |
ISBN | : 9780521216654 |
Author | : W. Erwin Diewert |
Publisher | : University of Chicago Press |
Total Pages | : 531 |
Release | : 2010-02-15 |
Genre | : Business & Economics |
ISBN | : 0226148572 |
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.
Author | : International Labour Office |
Publisher | : International Labour Organization |
Total Pages | : 578 |
Release | : 2004-08-25 |
Genre | : Business & Economics |
ISBN | : 9789221136996 |
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.
Author | : National Research Council |
Publisher | : National Academies Press |
Total Pages | : 239 |
Release | : 2011-01-05 |
Genre | : Medical |
ISBN | : 0309186846 |
It has become trite to observe that increases in health care costs have become unsustainable. How best for policy to address these increases, however, depends in part on the degree to which they represent increases in the real quantity of medical services as opposed to increased unit prices of existing services. And an even more fundamental question is the degree to which the increased spending actually has purchased improved health. Accounting for Health and Health Care addresses both these issues. The government agencies responsible for measuring unit prices for medical services have taken steps in recent years that have greatly improved the accuracy of those measures. Nonetheless, this book has several recommendations aimed at further improving the price indices.
Author | : Sydney Afriat |
Publisher | : OUP Oxford |
Total Pages | : 235 |
Release | : 2014-02-27 |
Genre | : Business & Economics |
ISBN | : 019164952X |
A theft amounting to £1 was a capital offence in 1260 and a judge in 1610 affirmed the law could not then be applied since £1 was no longer what it was. Such association of money with a date is well recognized for its importance in very many connections. Thus arises the need to know how to convert an amount at one date into the right amount at another date: in other words, a price index. The longstanding question concerning how such an index should be constructed is known as 'The Index Number Problem'. The ordinary consumer price index represents a practical response to this need. However the search for a true price index has given rise to extensive thought and theory to which an impressive number of economists have each contributed a word, or volume. However, there have been hold-ups at a basic level, which are addressed in this book. The approach brings the subject into involvement with utility construction on the basis of finite data, in a form referred to as 'Afriat's Theorem' but now with utility subject to constant (and also possibly approximate) returns.
Author | : S.N. Afriat |
Publisher | : Routledge |
Total Pages | : 335 |
Release | : 2008-11-26 |
Genre | : Business & Economics |
ISBN | : 1134029152 |
The price index, a pervasive long established institution for economics, is a number issued by the Statistical Office that should tell anyone the ratio of costs of maintaining a given standard of living in two periods where prices differ. For a chain of three periods, the product of the ratios for successive pairs must coincide with the ratio for t
Author | : Brian Graf |
Publisher | : INTERNATIONAL MONETARY FUND |
Total Pages | : 509 |
Release | : 2020-11-19 |
Genre | : Business & Economics |
ISBN | : 9781484354841 |
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.
Author | : Dean Baker |
Publisher | : M.E. Sharpe |
Total Pages | : 208 |
Release | : 1998 |
Genre | : Business & Economics |
ISBN | : 9780765602213 |
Presents both sides of the debate about the accuracy of methods used to determine the consumer price index (CPI) and its role in balancing the federal budget. Analyzes the Boskin Commission report, which states that the CPI was too high and needs to be adjusted downward to save billions of dollars in government entitlement payments and raise taxes, and raises serious doubts about the report's results. Includes many bandw charts and graphs. Paper edition $19.95, 0-7656- 0222-9. Annotation copyrighted by Book News, Inc., Portland, OR