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Economics and the Price Index
Engelsk
Bogcover for Economics and the Price Index af Carlo Milana, S.N. Afriat, 9781138805330
Specifikationer
Sprog:
Engelsk
Sider:
288
ISBN-13:
9781138805330
Indbinding:
Paperback
ISBN-10:
1138805335
Udg. Dato:
23 jun 2014
Størrelse i cm:
23,4 x 15,6
Oplagsdato:
23 jun 2014
Forfatter(e):

Economics and the Price Index

Engelsk
Paperback 2014
Format:

Bog beskrivelse

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 the endpoints. This is the chain consistency required of price indices. A usual supposition is that the index is determined by a formula involving price and quantity data for the two reference periods, always joined with the question of which one to choose, and the perplexity that chain consistency is not obtained with any. Hence finally they should all be abandoned. This situation reflects ‘The Index Number Problem’. This book brings together a coherent discussion of fifty years of astonishingly creative work on this subject.

 

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Specifikationer
Sprog:
Engelsk
Sider:
288
ISBN-13:
9781138805330
Indbinding:
Paperback
ISBN-10:
1138805335
Udg. Dato:
23 jun 2014
Størrelse i cm:
23,4 x 15,6
Oplagsdato:
23 jun 2014
Forfatter(e):
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