Author: Jeff Ralph
Publisher: John Wiley & Sons
ISBN: 1118977815
Category : Mathematics
Languages : en
Pages : 233
Get Book Here
Book Description
This book provides an introduction to index numbers for statisticians, economists and numerate members of the public. It covers the essential basics, mixing theoretical aspects with practical techniques to give a balanced and accessible introduction to the subject. The concepts are illustrated by exploring the construction and use of the Consumer Prices Index which is arguably the most important of all official statistics in the UK. The book also considers current issues and developments in the field including the use of large-scale price transaction data. A Practical Introduction to Index Numbers will be the ideal accompaniment for students taking the index number components of the Royal Statistical Society Ordinary and Higher Certificate exams; it provides suggested routes through the book for students, and sets of exercises with solutions.
Author: D.S. Prasada Rao
Publisher: Springer
ISBN: 1349235946
Category : Business & Economics
Languages : en
Pages : 250
Get Book Here
Book Description
'An authoritative survey with exciting new insights of special interest to economists and econometricians who analyse intertemporal and interspatial price relationships.' - Professor Angus Maddison, Groningen University This book presents a comprehensive review of recent developments in the theory and construction of index numbers using the stochastic approach, demonstrating the versatility of this approach in handling various index number problems within a single conceptual framework. It also contains a brief, but complete, review of the existing approaches to index numbers with illustrative numerical examples. The stochastic approach considers the index number problem as a signal extraction problem. The strength and reliability of the signal extracted from price and quantity changes for different commodities depends upon the messages received and the information content of the messages. The most important applications of the new approach are to be found in the context of measuring rate of inflation; fixed and chain base index numbers for temporal comparisons and for spatial intercountry comparisons; the latter generally require special index number formulae that result in transitive and base invariant comparisons.
Author: R. G. D. Allen
Publisher: Transaction Publishers
ISBN: 9780202362540
Category : Business & Economics
Languages : en
Pages : 290
Get Book Here
Book Description
There is no book currently available that gives a comprehensive treatment of the design, construction, and use of index numbers. However, there is a pressing need for one in view of the increasing and more sophisticated employment of index numbers in the whole range of applied economics and specifically in discussions of macroeconomic policy. In this book, R. G. D. Allen meets this need in simple and consistent terms and with comprehensive coverage. The text begins with an elementary survey of the index-number problem before turning to more detailed treatments of the theory and practice of index numbers. The binary case in which one time period is compared with another is first developed and illustrated with numerous examples. This is to prepare the ground for the central part of the text on runs of index numbers. Particular attention is paid both to fixed-weighted and to chain forms as used in a wide range of published index numbers taken mainly from British official sources. This work deals with some further problems in the construction of index numbers, problems which are both troublesome and largely unresolved. These include the use of sampling techniques in index-number design and the theoretical and practical treatment of quality changes. It is also devoted to a number of detailed and specific applications of index-number techniques to problems ranging from national-income accounting, through the measurement of inequality of incomes and international comparisons of real incomes, to the use of index numbers of stock-market prices. Aimed primarily at students of economics, whatever their age and range of interests, this work will also be of use to those who handle index numbers professionally. R. G. D. Allen (1906-1983) was Professor Emeritus at the University of London. He was also once president of the Royal Statistical Society and Treasurer of the British Academy where he was a fellow. He is the author of Basic Mathematics, Mathematical Analysis for Economists, Mathematical Economics and Macroeconomic Theory.
Author: Bert M. Balk
Publisher: Cambridge University Press
ISBN: 1107404967
Category : Business & Economics
Languages : en
Pages : 301
Get Book Here
Book Description
This book is the first comprehensive text on index number theory since Irving Fisher's 1922 The Making of Index Numbers. The book covers intertemporal and interspatial comparisons; ratio- and difference-type measures; discrete and continuous time environments; and upper- and lower-level indices. Guided by economic insights, this book develops the instrumental or axiomatic approach.
Author: G. Stuvel
Publisher: Springer
ISBN: 1349108162
Category : Business & Economics
Languages : en
Pages : 122
Get Book Here
Book Description
Index numbers of price and quantity play an important role in the index-linking of government loans. The object of this study is to ascertain what formulae should be used in the construction of new index numbers to replace those known to produce biased measures of price and volume change.
Author: Irving Fisher
Publisher:
ISBN:
Category : Index numbers (Economics)
Languages : en
Pages : 526
Get Book Here
Book Description
Author: J. K. Sharma
Publisher: Pearson Education India
ISBN: 9788177586541
Category : Business & Economics
Languages : en
Pages : 752
Get Book Here
Book Description
In this edition, efforts have been made to assist readers in converting data into useful information that can be used by decision-makers in making more thoughtful, information-based decisions.
Author: E. Antony Selvanathan
Publisher: University of Michigan Press
ISBN: 9780472105779
Category : Business & Economics
Languages : en
Pages : 270
Get Book Here
Book Description
This book presents a comprehensive review of recent developments in the theory and construction of index numbers using the stochastic approach, demonstrating the versatility of this approach in handling various index number problems within a single conceptual framework. It also contains a brief, but complete, review of the existing approaches to index numbers with illustrative numerical examples.
Author: Satya R Chakravarty
Publisher:
ISBN: 9783642755033
Category :
Languages : en
Pages : 328
Get Book Here
Book Description
Author: W. F. Maunder
Publisher: Burns & Oates
ISBN:
Category : Index numbers (Economics)
Languages : en
Pages : 258
Get Book Here
Book Description
