9781107404960

Price and Quantity Index Numbers

by
  • ISBN13:

    9781107404960

  • ISBN10:

    1107404967

  • Edition: Reprint
  • Format: Paperback
  • Copyright: 2012-07-19
  • Publisher: Cambridge Univ Pr
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  • The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

Summary

Price and quantity indices are important, much-used measuring instruments, and it is therefore necessary to have a good understanding of their properties. 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. There is no role for behavioral assumptions. In addition to subject matter chapters, two entire chapters are devoted to the rich history of the subject.

Table of Contents

Price indices through history
The quest for international comparisons
Axioms, tests, and indices
Decompositions and subperiods
Price indices for elementary aggregates
Divisia and Montgomery indices
International comparisons: transitivity and additivity
Table of Contents provided by Publisher. All Rights Reserved.

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