S. N. Afriat, Carlo Milana

Economics and the Price Index (eBook, ePUB)

• Format: ePub

Produktbeschreibung

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 t

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Produktdetails

• Verlag: Taylor & Francis eBooks
• Seitenzahl: 288
• Erscheinungstermin: 26. November 2008
• Englisch
• ISBN-13: 9781134029150
• Artikelnr.: 38443162

Autorenporträt

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.

Inhaltsangabe

Foreword (Angus Deaton, Princeton University, USA) PART I: Concept and
method 1. The Super Price Index: Irving Fisher, and after 2. The
Price-Level Computation Method 3. Price Level Computation: Illustrations
PART II: Precursor 1. The system of inequalities ars > xs - xr. 2. On the
constructibility of consistent price indices between several periods
simultaneously 3. The Theory of Exact and Superlative Index-Numbers
Revisited