Post-Laspeyres : The Case for a New Formula for Compiling Consumer Price Indexes /

Consumer price indexes (CPIs) are compiled at the higher (weighted) level using Laspeyres-type arithmetic averages. This paper questions the suitability of such formulas and considers two counterpart alternatives that use geometric averaging, the Geometric Young and the (price-updated) Geometric Low...

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Détails bibliographiques
Auteur principal: Armknecht Jr., Paul
Autres auteurs: Silver, Mick
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2012.
Collection:IMF Working Papers; Working Paper ; No. 2012/105
Accès en ligne:Full text available on IMF