Index Theory and Price Statistics / Edition 1

Index Theory and Price Statistics / Edition 1

by Peter von der Lippe
     
 

ISBN-10: 3631563175

ISBN-13: 9783631563175

Pub. Date: 09/20/2007

Publisher: Lang, Peter Publishing, Incorporated

This textbook integrates mathematical index theory and its application in official price statistics. It tries to bridge theory and practice, due to the apparent divergence between mathematicians with ever more sophisticated and complex models and practitioners with problems that are more and more difficult to understand without broad knowledge and some experience.

Overview

This textbook integrates mathematical index theory and its application in official price statistics. It tries to bridge theory and practice, due to the apparent divergence between mathematicians with ever more sophisticated and complex models and practitioners with problems that are more and more difficult to understand without broad knowledge and some experience. The text offers an introduction into axiomatic, microeconomic and stochastic reasoning as regards index numbers, with moderately difficult mathematics. It also summarizes many ongoing discussions concerning methodological merits and demerits of specific indices, such as consumer price-, producer price-, unit value- and chain indices, in official price statistics. The book is comprehensive and presents a readable overview of a great number of topics in modern price index theory and their application in inflation measurement, deflation of aggregates in National Accounts, sampling and quality adjustment in price collection and other important though controversial issues.

Product Details

ISBN-13:
9783631563175
Publisher:
Lang, Peter Publishing, Incorporated
Publication date:
09/20/2007
Pages:
572
Product dimensions:
5.51(w) x 8.27(h) x (d)

Table of Contents

Contents: Index Theory - Price Statistics - Official Statistics - Inflation Measurement - Chain Indices - Deflation - Axiomatic Theory - Cost-of-Living-Index.

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