Product Description
by Robert A. Pollak (Author)
Providing a valuable resource for government economists, academics, and research libraries, this volume contains twelve papers by Robert Pollak--four previously unpublished--that explore the theory of the cost of living index. In addition to Pollak's classic paper, "The Theory of the Cost of Living Index," the volume includes papers on subindexes, the intertemporal cost of living index, welfare comparisons and equivalence scales, the social cost of living index, the treatment of "quality," and consumer durables in the cost of living index.
Back Jacket
This volume presents twelve papers-four previously unpublished-that explore the theory of the cost-of-living index, and demonstrate the ways that the theory, when suitably elaborated, provides principled answers to many of the practical problems that arise in constructing indexes of consumer prices.
