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  • PRICE INDEX CONCEPTS AND MEASUREMENT
    ebook
    PRICE INDEX CONCEPTS AND MEASUREMENT
    W. ERWIN DIEWERT
    Although inflation is much feared for its negative effects on the economy, how to measure it is a matter of considerable debate that has important implications for interest rates, monetary supply, and investment and spending decisions. Underlying many of these issues is the concept of the Cost-of-Living Index (COLI) and its controversial role as the methodological foundation fo...

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