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‘What is a Price Index’: Statistical Approach

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A Political Economy of the Measurement of Inflation

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Abstract

This chapter presents in statistical terms the debates that continually re-erupt whenever the CPI comes under strong political pressure. It presents the differences between a Laspeyres, Paasche and Fisher Indices.

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Author information

Authors and Affiliations

  1. Faculty of Economics and Social Sciences, University of Lille, Lille, France

    Florence Jany-Catrice

  2. Member of the IAS-Princeton (2020–2021), Princeton, NJ, USA

    Florence Jany-Catrice

Authors
  1. Florence Jany-Catrice
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Correspondence to Florence Jany-Catrice .

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Jany-Catrice, F. (2020). ‘What is a Price Index’: Statistical Approach. In: A Political Economy of the Measurement of Inflation. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-59940-9_1

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  • DOI: https://doi.org/10.1007/978-3-030-59940-9_1

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-030-59939-3

  • Online ISBN: 978-3-030-59940-9

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)

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