Addressing misconceptions about the Consumer Price Index

Addressing misconceptions about the Consumer Price Index

A number of longstanding myths regarding the Consumer Price Index and its methods of construction continue to circulate; this article attempts to address some of the misconceptions, with an eye toward increasing public understanding of this key economic indicator

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Bibliographische Detailangaben
Veröffentlicht in:Monthly Labor Review 2008-08, Vol.131 (8), p.3-19
Hauptverfasser: Greenlees, John S., McClelland, Robert B.
Format: Artikel
Sprache:eng
Schlagworte:
Administrator Surveys
Clerical personnel
Clerical Workers
Consumer Economics
Consumer Price Index
Consumer price indexes
Consumers
Consumption
Cost Indexes
Cost of living adjustments
Economic development
Economic indicators
Economic Research
Economic statistics
Evaluation
Federal Government
Fuels
GDP
Gross Domestic Product
Home ownership
Inflation
Intellectual Disciplines
Mythology
National income and product accounts
NIPA
Perceptions
Wages
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Beschreibung
Zusammenfassung:A number of longstanding myths regarding the Consumer Price Index and its methods of construction continue to circulate; this article attempts to address some of the misconceptions, with an eye toward increasing public understanding of this key economic indicator
ISSN:0098-1818
1937-4658