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Author: Robert A. Pollak Publisher: Oxford University Press ISBN: 0195363221 Category : Business & Economics Languages : en Pages : 218
Book Description
Providing a valuable resource for government economists, academics, and research libraries, this volume contains twelve papers by Robert Pollak--four previously unpublished--that explore the theory of the cost of living index. In addition to Pollak's classic paper, "The Theory of the Cost of Living Index," the volume includes papers on subindexes, the intertemporal cost of living index, welfare comparisons and equivalence scales, the social cost of living index, the treatment of "quality," and consumer durables in the cost of living index.
Author: Robert A. Pollak Publisher: Oxford University Press ISBN: 0195363221 Category : Business & Economics Languages : en Pages : 218
Book Description
Providing a valuable resource for government economists, academics, and research libraries, this volume contains twelve papers by Robert Pollak--four previously unpublished--that explore the theory of the cost of living index. In addition to Pollak's classic paper, "The Theory of the Cost of Living Index," the volume includes papers on subindexes, the intertemporal cost of living index, welfare comparisons and equivalence scales, the social cost of living index, the treatment of "quality," and consumer durables in the cost of living index.
Author: W.E. Diewert Publisher: Elsevier ISBN: 1483295842 Category : Business & Economics Languages : en Pages : 386
Book Description
Among the theoretical issues covered in this volume are the "economic" and the "axiomatic" or "test" approaches to the problem of constructing and choosing among alternative cost-of-living index formulas; "bounds" and "econometric" alternatives for developing empirically computable approximations of theoretically desirable indexes; recommendations concerning the incorporation of leisure time in measures of the cost-of-living; and the formulation of social and group cost-of-living indexes. The Jorgenson-Slesnick paper also presents a far-reaching empirical study of price changes in the U.S.The importance of this book to those with an interest in economic theory is obvious. However, this book also holds out the opportunity and challenge to applied researchers to gain a deeper understanding of the index numbers of which they make daily use.
Author: Fouad Sabry Publisher: One Billion Knowledgeable ISBN: Category : Business & Economics Languages : en Pages : 253
Book Description
What is Cost of Living Index A cost-of-living index is a theoretical price index that measures relative cost of living over time or regions. It is an index that measures differences in the price of goods and services, and allows for substitutions with other items as prices vary. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Cost-of-living index Chapter 2: Inflation Chapter 3: Consumer price index Chapter 4: GDP deflator Chapter 5: Terms of trade Chapter 6: Cost of living Chapter 7: Real versus nominal value (economics) Chapter 8: Personal consumption expenditures price index Chapter 9: Price index Chapter 10: U.S. Producer Price Index Chapter 11: Price level Chapter 12: Index (economics) Chapter 13: Consumer Expenditure Survey Chapter 14: Employment cost index Chapter 15: United States Consumer Price Index Chapter 16: Törnqvist index Chapter 17: Debt Chapter 18: Consumer price index by country Chapter 19: Hedonic index Chapter 20: United States Chained Consumer Price Index Chapter 21: Devaluation (II) Answering the public top questions about cost of living index. (III) Real world examples for the usage of cost of living index in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Cost of Living Index.
Author: National Research Council Publisher: National Academies Press ISBN: 0309074428 Category : Political Science Languages : en Pages : 349
Book Description
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.
Author: Robert A. Pollak
Author: Robert A. Pollak
Author: Robert A. Pollak
Author: Frank T. Denton
Author: W.E. Diewert
Author: Fouad Sabry
Author: Bernadette Power
Author: National Research Council
Author: International Labour Office
Author: Virapong Boonkitticharoen
Author: Vanessa Fry