Index Numbers: A Stochastic Approach

'An authoritative survey with exciting new insights of special interest to economists and econometricians who analyse intertemporal and interspatial price relationships.' - Professor Angus Maddison, Groningen University This book presents a comprehensive review of recent developments in the theory and construction of index numbers using the shastic approach, demonstrating the versatility of this approach in handling various index number problems within a single conceptual framework. It also...