Price and Quantity Index Numbers

Price and Quantity Index Numbers

Author: Bert M. Balk

Publisher: Cambridge University Press

Published: 2012-07-19

Total Pages: 301

ISBN-13: 1107404967

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This book is the first comprehensive text on index number theory since Irving Fisher's 1922 The Making of Index Numbers. The book covers intertemporal and interspatial comparisons; ratio- and difference-type measures; discrete and continuous time environments; and upper- and lower-level indices. Guided by economic insights, this book develops the instrumental or axiomatic approach.


Book Synopsis Price and Quantity Index Numbers by : Bert M. Balk

Download or read book Price and Quantity Index Numbers written by Bert M. Balk and published by Cambridge University Press. This book was released on 2012-07-19 with total page 301 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first comprehensive text on index number theory since Irving Fisher's 1922 The Making of Index Numbers. The book covers intertemporal and interspatial comparisons; ratio- and difference-type measures; discrete and continuous time environments; and upper- and lower-level indices. Guided by economic insights, this book develops the instrumental or axiomatic approach.


A Practical Introduction to Index Numbers

A Practical Introduction to Index Numbers

Author: Jeff Ralph

Publisher: John Wiley & Sons

Published: 2015-08-17

Total Pages: 233

ISBN-13: 1118977815

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This book provides an introduction to index numbers for statisticians, economists and numerate members of the public. It covers the essential basics, mixing theoretical aspects with practical techniques to give a balanced and accessible introduction to the subject. The concepts are illustrated by exploring the construction and use of the Consumer Prices Index which is arguably the most important of all official statistics in the UK. The book also considers current issues and developments in the field including the use of large-scale price transaction data. A Practical Introduction to Index Numbers will be the ideal accompaniment for students taking the index number components of the Royal Statistical Society Ordinary and Higher Certificate exams; it provides suggested routes through the book for students, and sets of exercises with solutions.


Book Synopsis A Practical Introduction to Index Numbers by : Jeff Ralph

Download or read book A Practical Introduction to Index Numbers written by Jeff Ralph and published by John Wiley & Sons. This book was released on 2015-08-17 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an introduction to index numbers for statisticians, economists and numerate members of the public. It covers the essential basics, mixing theoretical aspects with practical techniques to give a balanced and accessible introduction to the subject. The concepts are illustrated by exploring the construction and use of the Consumer Prices Index which is arguably the most important of all official statistics in the UK. The book also considers current issues and developments in the field including the use of large-scale price transaction data. A Practical Introduction to Index Numbers will be the ideal accompaniment for students taking the index number components of the Royal Statistical Society Ordinary and Higher Certificate exams; it provides suggested routes through the book for students, and sets of exercises with solutions.


National Practices in Compiling Price and Quantity Index Numbers

National Practices in Compiling Price and Quantity Index Numbers

Author: United Nations. Statistical Office

Publisher:

Published: 1975

Total Pages: 198

ISBN-13:

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Book Synopsis National Practices in Compiling Price and Quantity Index Numbers by : United Nations. Statistical Office

Download or read book National Practices in Compiling Price and Quantity Index Numbers written by United Nations. Statistical Office and published by . This book was released on 1975 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt:


The Index-Number Problem and Its Solution

The Index-Number Problem and Its Solution

Author: G. Stuvel

Publisher: Springer

Published: 1989-06-18

Total Pages: 122

ISBN-13: 1349108162

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Index numbers of price and quantity play an important role in the index-linking of government loans. The object of this study is to ascertain what formulae should be used in the construction of new index numbers to replace those known to produce biased measures of price and volume change.


Book Synopsis The Index-Number Problem and Its Solution by : G. Stuvel

Download or read book The Index-Number Problem and Its Solution written by G. Stuvel and published by Springer. This book was released on 1989-06-18 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Index numbers of price and quantity play an important role in the index-linking of government loans. The object of this study is to ascertain what formulae should be used in the construction of new index numbers to replace those known to produce biased measures of price and volume change.


Index Numbers in Economic Theory and Practice

Index Numbers in Economic Theory and Practice

Author: R. G. D. Allen

Publisher: Routledge

Published: 2017-07-12

Total Pages: 288

ISBN-13: 135151279X

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There is no book currently available that gives a comprehensive treatment of the design, construction, and use of index numbers. However, there is a pressing need for one in view of the increasing and more sophisticated employment of index numbers in the whole range of applied economics and specifically in discussions of macroeconomic policy. In this book, R. G. D. Allen meets this need in simple and consistent terms and with comprehensive coverage. The text begins with an elementary survey of the index-number problem before turning to more detailed treatments of the theory and practice of index numbers. The binary case in which one time period is compared with another is first developed and illustrated with numerous examples. This is to prepare the ground for the central part of the text on runs of index numbers. Particular attention is paid both to fixed-weighted and to chain forms as used in a wide range of published index numbers taken mainly from British official sources. This work deals with some further problems in the construction of index numbers, problems which are both troublesome and largely unresolved. These include the use of sampling techniques in index-number design and the theoretical and practical treatment of quality changes. It is also devoted to a number of detailed and specific applications of index-number techniques to problems ranging from national-income accounting, through the measurement of inequality of incomes and international comparisons of real incomes, to the use of index numbers of stock-market prices. Aimed primarily at students of economics, whatever their age and range of interests, this work will also be of use to those who handle index numbers professionally.


Book Synopsis Index Numbers in Economic Theory and Practice by : R. G. D. Allen

Download or read book Index Numbers in Economic Theory and Practice written by R. G. D. Allen and published by Routledge. This book was released on 2017-07-12 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is no book currently available that gives a comprehensive treatment of the design, construction, and use of index numbers. However, there is a pressing need for one in view of the increasing and more sophisticated employment of index numbers in the whole range of applied economics and specifically in discussions of macroeconomic policy. In this book, R. G. D. Allen meets this need in simple and consistent terms and with comprehensive coverage. The text begins with an elementary survey of the index-number problem before turning to more detailed treatments of the theory and practice of index numbers. The binary case in which one time period is compared with another is first developed and illustrated with numerous examples. This is to prepare the ground for the central part of the text on runs of index numbers. Particular attention is paid both to fixed-weighted and to chain forms as used in a wide range of published index numbers taken mainly from British official sources. This work deals with some further problems in the construction of index numbers, problems which are both troublesome and largely unresolved. These include the use of sampling techniques in index-number design and the theoretical and practical treatment of quality changes. It is also devoted to a number of detailed and specific applications of index-number techniques to problems ranging from national-income accounting, through the measurement of inequality of incomes and international comparisons of real incomes, to the use of index numbers of stock-market prices. Aimed primarily at students of economics, whatever their age and range of interests, this work will also be of use to those who handle index numbers professionally.


National Practise in Compiling Price and Quantity Index Numbers

National Practise in Compiling Price and Quantity Index Numbers

Author:

Publisher:

Published: 1976

Total Pages: 203

ISBN-13:

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Book Synopsis National Practise in Compiling Price and Quantity Index Numbers by :

Download or read book National Practise in Compiling Price and Quantity Index Numbers written by and published by . This book was released on 1976 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt:


The Making of Index Numbers

The Making of Index Numbers

Author: Irving Fisher

Publisher:

Published: 1922

Total Pages: 572

ISBN-13:

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Book Synopsis The Making of Index Numbers by : Irving Fisher

Download or read book The Making of Index Numbers written by Irving Fisher and published by . This book was released on 1922 with total page 572 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Index Numbers

Index Numbers

Author: Bruce D. Mudgett

Publisher:

Published: 1951

Total Pages: 160

ISBN-13:

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Book Synopsis Index Numbers by : Bruce D. Mudgett

Download or read book Index Numbers written by Bruce D. Mudgett and published by . This book was released on 1951 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Index Numbers

Index Numbers

Author: D.S. Prasada Rao

Publisher: Springer

Published: 2016-07-27

Total Pages: 250

ISBN-13: 1349235946

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'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 stochastic approach, demonstrating the versatility of this approach in handling various index number problems within a single conceptual framework. It also contains a brief, but complete, review of the existing approaches to index numbers with illustrative numerical examples. The stochastic approach considers the index number problem as a signal extraction problem. The strength and reliability of the signal extracted from price and quantity changes for different commodities depends upon the messages received and the information content of the messages. The most important applications of the new approach are to be found in the context of measuring rate of inflation; fixed and chain base index numbers for temporal comparisons and for spatial intercountry comparisons; the latter generally require special index number formulae that result in transitive and base invariant comparisons.


Book Synopsis Index Numbers by : D.S. Prasada Rao

Download or read book Index Numbers written by D.S. Prasada Rao and published by Springer. This book was released on 2016-07-27 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: '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 stochastic approach, demonstrating the versatility of this approach in handling various index number problems within a single conceptual framework. It also contains a brief, but complete, review of the existing approaches to index numbers with illustrative numerical examples. The stochastic approach considers the index number problem as a signal extraction problem. The strength and reliability of the signal extracted from price and quantity changes for different commodities depends upon the messages received and the information content of the messages. The most important applications of the new approach are to be found in the context of measuring rate of inflation; fixed and chain base index numbers for temporal comparisons and for spatial intercountry comparisons; the latter generally require special index number formulae that result in transitive and base invariant comparisons.


Consumer Price Index Manual

Consumer Price Index Manual

Author: International Labour Office

Publisher: International Labour Organization

Published: 2004-08-25

Total Pages: 578

ISBN-13: 9789221136996

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The consumer price index (CPI) measures the rate at which prices of consumer goods and services change over time. It is used as a key indicator of economic performance, as well as in the setting of monetary and socio-economic policy such as indexation of wages and social security benefits, purchasing power parities and inflation measures. This manual contains methodological guidelines for statistical offices and other agencies responsible for constructing and calculating CPIs, and also examines underlying economic and statistical concepts involved. Topics covered include: expenditure weights, sampling, price collection, quality adjustment, sampling, price indices calculations, errors and bias, organisation and management, dissemination, index number theory, durables and user costs.


Book Synopsis Consumer Price Index Manual by : International Labour Office

Download or read book Consumer Price Index Manual written by International Labour Office and published by International Labour Organization. This book was released on 2004-08-25 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt: The consumer price index (CPI) measures the rate at which prices of consumer goods and services change over time. It is used as a key indicator of economic performance, as well as in the setting of monetary and socio-economic policy such as indexation of wages and social security benefits, purchasing power parities and inflation measures. This manual contains methodological guidelines for statistical offices and other agencies responsible for constructing and calculating CPIs, and also examines underlying economic and statistical concepts involved. Topics covered include: expenditure weights, sampling, price collection, quality adjustment, sampling, price indices calculations, errors and bias, organisation and management, dissemination, index number theory, durables and user costs.