"Chain drift" in the Chained Consumer Price Index: 1999-2017.

The article employs circularity and unity tests, as well as multilateral index comparisons, to measure the existence and extent of "drift" in the Chained Consumer Price Index for All Urban Consumers (C-CPI-U). It also presents various formulas to real data that were used to calculate the Consumer Pr...

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Publicado en:Monthly Labor Review pp. 1 - 33
Autores principales: Cage, Robert, Williams, Brendan, Church, Jonathan D.
Formato: Artículo
Publicado: US Department of Labor Dec2021
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Acceso en línea:Ver este registro en EBSCOhost
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        atl: "Chain drift" in the Chained Consumer Price Index: 1999-2017.
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        au:
          Cage, Robert
          Williams, Brendan
          Church, Jonathan D.
        affil:
          Assistant Commissioner of the Division of Consumer Prices and Price Indexes, Office of Prices and Living Conditions, U.S. Bureau of Labor Statistics
          Senior economist in the Office of Prices and Living Conditions, U.S. Bureau of Labor Statistics
          Economist in the Office of Prices and Living Conditions, U.S. Bureau of Labor Statistics
      su:
        Rent
        Student exchange programs
        Consumer price indexes
        Price levels
        Motor vehicle maintenance & repair
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        subj:
          Rent
          Student exchange programs
          Automobile and Other Motor Vehicle Merchant Wholesalers
          Motor Vehicle Supplies and New Parts Merchant Wholesalers
          Recreational and other motor vehicles merchant wholesalers
          Educational Support Services
          Consumer price indexes
          Price levels
          Motor vehicle maintenance & repair
      ab: The article employs circularity and unity tests, as well as multilateral index comparisons, to measure the existence and extent of "drift" in the Chained Consumer Price Index for All Urban Consumers (C-CPI-U). It also presents various formulas to real data that were used to calculate the Consumer Price Index during the period from December 1999 to December 2017 from the U.S. Bureau of Labor Statistics (BLS).
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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