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| Full Title | Economics and the Price Index 1st Edition |
|---|---|
| Author(s) | S.N. Afriat, Carlo Milana |
| Edition | 1st Edition |
| ISBN | 9781134029167, 9781138805330, 9780415471817, 9781134029150, 9780429239502, 9780203891483, 9781134029112 |
| Publisher | Routledge |
| Format | PDF and EPUB |
The price index, a pervasive long established institution for economics, is a number issued by the Statistical Office that should tell anyone the ratio of costs of maintaining a given standard of living in two periods where prices differ. For a chain of three periods, the product of the ratios for successive pairs must coincide with the ratio for t
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