Price Index Concepts and Measurement.

• Position: Bureau Books - Conference notes

Price Index Concepts and Measurement, edited by W. Erwin Diewert, John Greenlees, and Charles R. Hulten, will be available this winter from the University of Chicago Press. The NBER Conference Report is priced at $135.00.

Although inflation is much feared for its negative effects on the economy, the actual measurement of inflation is a matter of considerable debate, with important implications for interest rates, the money supply, and investment and spending decisions. Price Index Concepts and Measurement brings together leading experts to address some of the questions involved in conceptualizing and measuring inflation. The contributors evaluate the accuracy of the Cost-of-Living...