An approach to constructing a consumer price index that identifies consumption with the acquisition of consumption goods and services in a given period. This method is commonly used by statistical agencies for all goods other than owner-occupied housing.
A detailed look into Chain Price Index, its historical context, methodology, importance, and applications.
A detailed examination of the Paasche Index, its historical context, types, key events, mathematical formulation, and its importance in economic analysis.
Comprehensive exploration of the Drobisch Price Index, a hybrid price index combining elements of Laspeyres and Paasche indices.
The Fisher Index is a geometric mean of the Laspeyres and Paasche indexes, used primarily in economic and statistical analysis to measure price levels and inflation.
The Laspeyres Index is a method used to measure changes in the cost of a fixed basket of goods and services over time, based on quantities from a base year.
An index that uses the arithmetic mean of the current and base period quantities for weighting.
The Wholesale Price Index (WPI) is an index that measures and tracks the changes in the price of goods in the wholesale market.
