Inflation measurement
By: David E. Lebow and Jeremy B. Rudd
Contributors: Rudd, Jeremy Bay, 1970-
Series: Finance and economics discussion series -- 2006-43; Finance and economics discussion series (Online) -- 2006-43.
Publisher: Federal Reserve Board
Published: 2006
Place of publication: Washington, D.C
Language: eng
Format: [electronic resource] /
Description: "Inflation measurement is the process through which changes in the prices of individual goods and services are combined to yield a measure of general price change.  This paper discusses the conceptual framework for thinking about inflation measurement and considers practical issues associated with determining an inflation measure's scope; with measuring individual prices; and with combining these individual prices into a measure of aggregate inflation.  We also discuss the concept of "core inflation," and summarize the implications of inflation measurement for economic theory and policy"--Federal Reserve Board web site.
Notes: Title from PDF file as viewed on 12/6/2006.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.