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The Index-number Problem and Its Solution

(Autor)

Buch | Hardcover
150 Seiten
1989
Palgrave Macmillan (Verlag)
978-0-333-49113-3 (ISBN)
CHF 69,80 inkl. MwSt
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Index numbers of price and quantity play an important role in the index-linking of government loans. The object of this study is to ascertain what formulae should be used in the construction of new index numbers to replace those known to produce biased measures of price and volume change.
Index numbers of price and quantity such as the retail price index, the index of industrial production and the indices to be found in national accounts publications have increased in importance since the mid-1900s. They affect wage negotiations, are used in econometric models that assist in forecasting and economic policy making and lately have begun to play a role in the index-linking of government loans and rent agreements. It is the object of this study to ascertain what kind of formulae should ideally be used in the construction of those index numbers which may eventually replace ones in current use known to produce biased measures of price and volume change, bearing in mind the purposes these index numbers are designed to serve and the limitations set by data availability. G.Stuvel is also the author of "The Exchange Stability Problem", "Systems of Social Accounts" and "National Accounts Analysis".

Part 1 Binary comparisons: the problem; the traditional approach; the analytical approach; properties and tests. Part 2 Multiple comparisons: indirect and chain indices; other transitive indices. Part 3: Irving Fisher's search for the ideal index number; Banerjee's factorial index numbers; the comparative proportionality test; von Bortkiewicz formulae; the relation between PS and PF.

Erscheint lt. Verlag 28.7.1989
Zusatzinfo notes and references, list of works cited, index
Verlagsort Basingstoke
Sprache englisch
Maße 148 x 222 mm
Gewicht 350 g
Themenwelt Sozialwissenschaften Politik / Verwaltung Staat / Verwaltung
Wirtschaft Volkswirtschaftslehre Ökonometrie
ISBN-10 0-333-49113-0 / 0333491130
ISBN-13 978-0-333-49113-3 / 9780333491133
Zustand Neuware
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