The Price Index

Business & Money

Afriat, S.N.

Economics

Cambridge University Press

About what happened to the Problem the last half-century—and unsettled economics IT IS VERY PUZZLING that the most important problem in the world is without attention, hardly talked about, just to mention it would be “not politically correct”. It was without mention in the recent Copenhagen Conference. Is this a symptom of the essential human final defeat? Is not the general commotion about climate change rather a distraction? This book gives a new opening for the subject.

What Happened to the Population Problem?: And Other Questions

Bright Pen

Economics and the Price Index

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.    

Economics and the Price Index (Routledge Frontiers of Political Economy)

Milana, Carlo

Routledge

Studies in correlation: Multivariate analysis and econometries (Applied statistics and econometrics)

Vandenhoeck und Ruprecht

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