Consumer Prices, the Consumer Price Index, and the Cost of Living
نویسندگان
چکیده
منابع مشابه
Social Security cost-of-living adjustments and the Consumer Price Index.
OASDI benefits are indexed for inflation to protect beneficiaries from the loss of purchasing power implied by inflation. In the absence of such indexing, the purchasing power of Social Security benefits would be eroded as rising prices raise the cost of living. By statute, cost-of-living adjustments (COLAs) for Social Security benefits are calculated using the Bureau of Labor Statistics (BLS) ...
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The Bureau of Labor Statistics rounds the Consumer Price Index (CPI) to a single decimal place before releasing it, and the published CPI inflation series is calculated from those rounded index values. While rounding has only a relatively small effect on the level of the CPI series at present, it can have a significant effect on CPI inflation, the monthly percent changes in the CPI. This paper ...
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The purpose of this study is to find an accurate estimate of the exchange rate-CPI relationship in Iran over the past three decades. The results of the Granger causality test in the frequency domain demonstrate a strong causation from the exchange rate to CPI especially in the long run. The results of the wavelet analysis show that in the currency crisis periods, the exchange rate-CPI correlati...
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The U. S. Consumer Price Index (CPI) uses a multistage sample design which is revised approximately every ten years. The first stage consists of selecting primary sampling units (PSUs). The selected PSUs are also used in the Consumer Expenditure Survey (CE) and the Consumer Point of Purchase Survey (CPOPS). This paper describes the recently completed PSU selection process for the 1998 CPI Revis...
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ژورنال
عنوان ژورنال: Journal of Economic Perspectives
سال: 1998
ISSN: 0895-3309
DOI: 10.1257/jep.12.1.3