Articoli correlati a Economics and the Price Index

9780415471817: Economics and the Price Index
Rilegato
ISBN 10: 0415471818 ISBN 13: 9780415471817
Casa editrice: Routledge, 2008

Sinossi

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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Informazioni sull'autore

S. N. Afriat, resident of Siena, intermittent adjunct at the University, Mathematics and Economics, permanent Visiting Professor.

Carlo Milana, Research Director at ISAE (Istituto di Studi e Analisi Economica), Rome, a public research institution supported by the Italian Ministry of Economy and Finance.

Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.

Editore
Routledge
Data di pubblicazione
2008
Lingua
Inglese
ISBN 10 
0415471818
ISBN 13 
9780415471817
Rilegatura
Copertina rigida
Numero edizione
1
Numero di pagine
266
Contatto del produttore
Taylor and Francis, GPSR Taylor and Francis
gpsr@taylorandfrancis.com

Taylor & Francis Verlag GmbH, Kaufingerstraße 24
München
80331
Germania