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The Theory Of The Cost Of Living Index
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Book Synopsis The Theory of the Cost-of-Living Index by : Robert A. Pollak
Download or read book The Theory of the Cost-of-Living Index written by Robert A. Pollak and published by Oxford University Press. This book was released on 1989-09-14 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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economists, academics, and research libraries, this volume contains twelve papers by Robert Pollak--four previously unpublished--that explore the theory of the cost of living index.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.
Book Synopsis The Economic Theory of Price Indices by : Franklin M. Fisher
Download or read book The Economic Theory of Price Indices written by Franklin M. Fisher and published by Academic Press. This book was released on 2014-05-10 with total page 134 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economic Theory of Price Indices: Two Essays on the Effects of Taste, Quality, and Technological Change is concerned with the effects of consumer taste, product quality, and technological change on price indices. Special attention is paid on technological change in the simple two-sector production model of Rybczynski and Uzawa. The effects of the general case of changing factor supplies and factor-augmenting change on the real national output deflator are also examined. Comprised of two essays, this book begins with an analysis of the pure theory of the true cost-of-living index, which may be considered as an idealization of indices like the consumer price index and others of that type. The essay explores how the true cost-of-living index is affected by changes in consumer taste, quality changes in purchased goods, and the introduction of new goods into the market place. The second essay deals with the pure theory of the national output deflator and provides a foundation for the measurement of real national output (or product). It shows that the usual inequalities relating Paasche and Laspeyres to the true index are reversed (from what they are in cost-of-living theory) for the case of production. It also assesses the implications of changing production possibilities caused by technological change or a change in factor supplies. This monograph will be a useful resource for mathematicians, economists, and others interested in economic theory and mathematical economics.
Book Synopsis Price Index Concepts and Measurement by : W. Erwin Diewert
Download or read book Price Index Concepts and Measurement written by W. Erwin Diewert and published by University of Chicago Press. This book was released on 2010-02-15 with total page 531 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis At What Price? by : National Research Council
Download or read book At What Price? written by National Research Council and published by National Academies Press. This book was released on 2002-02-25 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 :International Labour Office Publisher :International Labour Organization ISBN 13 :9789221136996 Total Pages :578 pages Book Rating :4.1/5 (369 download)
Book Synopsis Consumer Price Index Manual by : International Labour Office
Download or read book Consumer Price Index Manual written by International Labour Office and published by International Labour Organization. This book was released on 2004-08-25 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Theory of the Cost of Living Index and the Measurement of Welfare Change by : W. Erwin Diewert
Download or read book The Theory of the Cost of Living Index and the Measurement of Welfare Change written by W. Erwin Diewert and published by . This book was released on 1983 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Cost of Living Index by : Fouad Sabry
Download or read book Cost of Living Index written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-04-07 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis The Theory of the Cost of Living Index and the Measurement of Welfare Change by : W. E. Diewert
Download or read book The Theory of the Cost of Living Index and the Measurement of Welfare Change written by W. E. Diewert and published by . This book was released on 1983 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Cost of Living in America by : Thomas A. Stapleford
Download or read book The Cost of Living in America written by Thomas A. Stapleford and published by Cambridge University Press. This book was released on 2009-09-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stapleford interweaves economic theory with political history to show why Americans vest so much authority in the Consumer Price Index.
Book Synopsis The Retail Prices Index and the Cost of Living by : Vanessa Fry
Download or read book The Retail Prices Index and the Cost of Living written by Vanessa Fry and published by . This book was released on 1986 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Cost of Living in America, 1800-1980 by : John A. Garraty
Download or read book The Cost of Living in America, 1800-1980 written by John A. Garraty and published by Cambridge University Press. This book was released on 1981 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prices constantly move up and down in response to changes in the supply of and demand for goods. But they are also affected by the amount of money and credit that consumers can command.
Book Synopsis 2018 Annual Indices For Expatriates And Ordinary Residents On Cost Of Living, Wages And Purchasing Power For World's Major Cities by : Khee Giap Tan
Download or read book 2018 Annual Indices For Expatriates And Ordinary Residents On Cost Of Living, Wages And Purchasing Power For World's Major Cities written by Khee Giap Tan and published by World Scientific. This book was released on 2019-11-12 with total page 722 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides the annual update of Asia Competitiveness Institute (ACI) indices and rankings of the cost of living for ordinary residents and expatriates as well as wages and purchasing power for ordinary residents, covering 105 cities around the world over the period of 2005-2016. These indices reflect the notable differences in the cost of living for expatriates and ordinary residents as expatriates tend to have different consumption patterns than that of their local counterparts. This is important because the cost of living of expatriates is often mistaken for that of ordinary residents. This book is the fourth edition in the series.In addition to providing the annual updates of the cost of living, wages, and purchasing power indices, this book also has a special chapter covering two topics of interest. The first compares the discrepancies between the cost of living indices and rankings between ordinary residents and expatriates in different regions. The second provides a case study on Singapore's HDB resale market and the role that the public sector can play in housing markets.
Book Synopsis 2017 Annual Indices For Expatriates And Ordinary Residents On Cost Of Living, Wages And Purchasing Power For World's Major Cities by : Khee Giap Tan
Download or read book 2017 Annual Indices For Expatriates And Ordinary Residents On Cost Of Living, Wages And Purchasing Power For World's Major Cities written by Khee Giap Tan and published by World Scientific. This book was released on 2018-11-27 with total page 724 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a valuable compendium of annual indices and rankings of cost of living for expatriates and cost of living, wages and purchasing power for ordinary residents in 105 world's major cities over the period 2005-2015. Now in its third edition, the ACI's study reflects salient differences in costs of living for expatriate and ordinary urban dwellers which arise from variations in their lifestyles and consumption preferences. This is of critical significance as cost of living for the former is usually conflated as that for the latter by the general public.
Download or read book Survey of Current Business written by and published by . This book was released on 1992 with total page 992 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Economic Theory of Cost of Living Index Numbers, By Melville J. Ulmer by : Melville Jack Ulmer
Download or read book The Economic Theory of Cost of Living Index Numbers, By Melville J. Ulmer written by Melville Jack Ulmer and published by . This book was released on 1968 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Economic Analysis of Production Price Indexes by : Franklin M. Fisher
Download or read book Economic Analysis of Production Price Indexes written by Franklin M. Fisher and published by Cambridge University Press. This book was released on 1998 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work on index-number construction focuses on production indexes, including output and input deflators that can be used for constructing real output and real input. The authors treat separately the different production units: the firm, the industry, and the economy, as well as the different forms of industrial organization: monopoly, monopsony, and competition. Only in the simplest cases is the appropriate theory isomorphic to that of the cost-of-living index because of the interlinkages among the various production units. A firm cannot always assume that the behaviour of its competitors, suppliers, and customers will be unaffected by price changes and only in special cases can an industry take supply and demand conditions as given.
Book Synopsis The Economic Theory of Cost of Living Index Numbers, by Melville Jack Ulmer,... Submitted... in the Faculty of Political Science, Columbia University... by : Melville Jack Ulmer
Download or read book The Economic Theory of Cost of Living Index Numbers, by Melville Jack Ulmer,... Submitted... in the Faculty of Political Science, Columbia University... written by Melville Jack Ulmer and published by . This book was released on 1949 with total page 106 pages. Available in PDF, EPUB and Kindle. Book excerpt:
