Arbeitspapier
The Generalized Unit Value Index
The inflation rate is normally computed as a weighted average of individual price changes. Alternatively, this rate could be evaluated by comparing average price levels. Unfortunately, this methodology has received limited attention in past research. This study attempts to remedy this situation by introducing a group of Generalized Unit Value indices that evaluate price level changes. The group includes some well-known (Laspeyres, Paasche, Banerjee), hardly known (Lehr, Davies), and previously unknown price indices. An assessment of their axiomatic properties is presented.
- Sprache
-
Englisch
- Erschienen in
-
Series: Research Papers in Economics ; No. 12/11
- Klassifikation
-
Wirtschaft
Index Numbers and Aggregation; Leading indicators
Price Level; Inflation; Deflation
Monetary Policy
- Thema
-
Index Theory
Inflation
Unit Value
Measurement
- Ereignis
-
Geistige Schöpfung
- (wer)
-
von Auer, Ludwig
- Ereignis
-
Veröffentlichung
- (wer)
-
Universität Trier, Fachbereich IV – Volkswirtschaftslehre
- (wo)
-
Trier
- (wann)
-
2011
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- von Auer, Ludwig
- Universität Trier, Fachbereich IV – Volkswirtschaftslehre
Entstanden
- 2011
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