Getting Prices Right
Debate Over the Consumer Price Index
Published on 1. July 2016
200 pages
978-1-315-50263-2 (ISBN)
Description
Compiled by the Bureau of Labor Statistics, the CPI is used to index Social Security payments and many other federal programs, as well as to adjust tax brackets. Today, the accuracy of the CPI is being hotly debated, particularly in light of the Boskin Commission report that concluded in December 1996 that the CPI overstates inflation by 1.1%. If accepted and applied in the formulation of economic policy, the report would have major implications for balancing the federal budget. It would have a direct impact on the lives of Americans who are beneficiaries of government programs as well as on everyone who pays taxes. In this book, Dean Baker introduces and explains the significance of the debate, presents the full text of the Boskin Commission report and finally discusses in a far-reaching and insightful analysis both the Commission's research methodology and its conclusions.
More details
Language
English
Place of publication
London
United Kingdom
Publishing group
Taylor & Francis Ltd
Target group
College/higher education
Product notice
Reflowable
Illustrations
figures, tables, bibliography, index
File size
1,18 MB
ISBN-13
978-1-315-50263-2 (9781315502632)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Book
09/1997
1st Edition
Routledge
€206.10
Shipment within 15-20 days
Book
09/1997
1st Edition
Routledge
€67.80
Shipment within 15-20 days
Content
Introduction, Dean BakerPart 1 Toward a More Accurate Measure of the Cost of Living, Michael J. BoskinChairman, Ellen R. Dulberger, Robert J. Gordon, Zvi Griliches, Dale JorgensenPart 2 Does the CPI Overstate Inflation?, Dean BakerPart 3 Additional Views on the Accuracy of the Consumer Price Index, Katharine G. Abraham, Barry P. Bosworth, Martin Feldstein;
