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Some proposals to improve the Consumer Price Index
Beginning with January 1987 estimates, the Consumer Price Index reflects changes in Americans' spending patterns since 1972-73; the new index permits more accurate tracking of price changes throughout...
To properly use the Consumer Price Index, one must understand its relationship to an ideal cost-of-living index and the problems of implementation. This article reviews how the theory of the cost-of-l...
In this article, experimental Laspeyres, Paasche, and Fisher price indexes are derived for poor consumers. The minimal differences between these indexes and the Consumer Price Index for All Urban Cons...
The introduction of a new geographic area sample, a revised item structure, and updated expenditure weights for the Consumer Price Index must be accounted for in the CPI's publication strategy. In a n...
The changes in the 1998 CPI market basket will reflect and anticipate shifts in the consumer marketplace. This revision will result in more substantial changes to the item structure. Not only will the...
The current revision of the Consumer Price Index encompasses changes ranging from reselecting areas, items, and outlets, to new systems for data collecting and processing. These projects and changes a...
In a previous paper, William Nordhaus provided an estimate of the bias in the Consumer Price Index by comparing the net proportion of families that report an improvement in their financial situation w...
Consumer price index, 2004     Consumer price index  2004       2009/4/1
Consumer inflation was higher in 2004, reflecting higher prices for energy, new and used motor vehicles, and shelter.
The Bureau of Labor Statistics rounds the Consumer Price Index (CPI) to a single decimal place before it is publicly released. Because the actual changes in the CPI have been small recently (the rate ...
Over the 25 years from December 1982 to December 2007, the experimental consumer price index for Americans 62 years of age and older (CPI-E) rose somewhat faster than the CPI-U and the CPI-W, mainly b...
A number of longstanding myths regarding the Consumer Price Index and its methods of construction continue to circulate; this article attempts to address some of the misconceptions, with an eye toward...

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