The Theory of the Cost-of-Living Index

The Theory of the Cost-of-Living Index

by Robert a. Pollak


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The Theory of the Cost-of-Living Index by Robert a. Pollak

This volume presents twelve papers-four previously unpublished-that explore the theory of the cost-of-living index, and demonstrate the ways that the theory, when suitably elaborated, provides principled answers to many of the practical problems that arise in constructing indexes of consumer prices.

Product Details

ISBN-13: 9780195058703
Publisher: Oxford University Press, USA
Publication date: 09/28/1989
Pages: 224
Product dimensions: 6.38(w) x 9.56(h) x 0.84(d)

Table of Contents

1.The Theory of the Cost-of-Living Index3
2.Subindexes of the Cost-of-Living Index53
3.The Intertemporal Cost-of-Living Index70
4.Welfare Evaluation and the Cost-of-Living Index in the Household Production Model90
5.Welfare Comparisons and Equivalence Scales111
6.Group Cost-of-Living Indexes119
7.The Social Cost-of-Living Index128
8.The Treatment of "Quality" in the Cost-of-Living Index153
9.The Treatment of the Environment in the Cost-of-Living Index181
10.Consumer Durables in a Cost-of-Living Index186
11.Mortgage Interest Rates in the CPI190
12.The Treatment of Taxes in the Consumer Price Index193

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