The Chained Consumer Price Index : What Is It and Would It Be Appropriate for Cost-of-Living Adjustments?

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service.

Language:

English

Subjects (All):

Consumer price indexes.

Consumers.

Cost and standard of living.

Cities and towns.

Physical Description:

1 online resource (1 online resource (13 p), digital, PDF file)

monochrome

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2012.

System Details:

text file

Summary:

This report is one in a series of updates. For the most recent coverage of this report series, please see 12-RL-32293a in the 2012 issue.

Discusses BLS new chained CPI for all urban consumers, which is intended to produce a measure of change in consumer prices that is free of substitution bias. Reviews methodological and statistical differences between current and chain-weighted CPI, and examines policy considerations.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed May 2014). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress. Congressional Research Service. Chained Consumer Price Index

Access Restriction:

Restricted for use by site license.