One of the hottest debates in economics today is being waged over the accuracy of the consumer price index. The outcome of this debate will have enormous implications for national economic policy and the future of economic research. Getting Prices Right presents the work at the center of this debate - the report of the congressionally appointed Advisory Commission to Study the Consumer Price Index, popularly known as the Boskin Commission - and critically evaluates its findings and implications.
For a long time, the Consumer Price Index (CPI) has been the most commonly referenced measure of inflation.
As part of an ongoing research program into major issues involved in the construction of consumer price indexes, analytical indexes of consumer prices based on different treatments of owned accommodation are updated in this publication for ...