منابع مشابه
The Consumer Price Index and index number purpose1
The paper considers the use of a Consumer Price Index (CPI) for three possible purposes: (1) as a Cost of Living Index (COLI); i.e., as a measure of the relative cost of achieving the standard of living when facing two different sets of prices for the same group of commodities; (2) as a consumption deflator; i.e., the price change component for a decomposition of a value ratio into price and qu...
متن کاملAn Introduction to Consumer Price Index Methodology
1.1 A price index is a measure of the proportionate, or percentage, changes in a set of prices over time. A consumer price index (CPI) measures changes in the prices of goods and services that households consume. Such changes affect the real purchasing power of consumers’ incomes and their welfare. As the prices of different goods and services do not all change at the same rate, a price index c...
متن کاملThe Effects of Rounding on the Consumer Price Index
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 ...
متن کاملThe Challenge of Redesigning the Consumer Price Index Area Sample
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...
متن کاملChanging the item structure of the Consumer Price Index
The Bureau of Labor Statistics calculates the Consumer Price Index (CPI) to measure the monthly average change in prices of the goods and services U.S. consumers buy to satisfy their daily needs. The CPI is the average change in the prices paid for a fixed set or “market basket” of goods and services that consumers bought during a selected period. The market basket needs to be modified occasion...
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ژورنال
عنوان ژورنال: Relations industrielles
سال: 2014
ISSN: 1703-8138,0034-379X
DOI: 10.7202/1022980ar