A practical introduction to index numbers / Jeff Ralph, Rob O'Neill, Joe Winton.

Format:

Book

Author/Creator:

Ralph, Jeff, author.

O'Neill, Rob, author.

Winton, Joe, author.

Language:

English

Subjects (All):

Index numbers (Economics).

Physical Description:

1 online resource (234 p.)

Edition:

1st ed.

Place of Publication:

Chichester, West Sussex, England : Wiley, 2015.

Language Note:

English

Summary:

"This book offers an introduction to the subject of index numbers for statisticians, economists and numerate members of the public"-- Provided by publisher.

Contents:

Cover; Title Page; Copyright; Contents; Preface; Acknowledgements; Chapter 1 Introduction; 1.1 What is an index number?; 1.2 Example-the Consumer Prices Index; 1.3 Example-FTSE 100; 1.4 Example-Multidimensional Poverty Index; 1.5 Example-Gender Inequality Index; 1.6 Representing the world with index numbers; 1.7 Chapter summary; References; Chapter 2 Index numbers and change; 2.1 Calculating an index series from a data series; 2.2 Calculating percentage change; 2.3 Comparing data series with index numbers; 2.4 Converting from an index series to a data series; 2.5 Chapter summary; Exercise A

Chapter 3 Measuring inflation 3.1 What is inflation?; 3.2 What are inflation measures used for and why are they important?; 3.2.1 Determination of monetary policy by a central bank; 3.2.2 Changing of provisions for private pensions; 3.2.3 Changes in amounts paid over long-term contracts; 3.2.4 Changes in rail fares and other goods; 3.2.5 Evaluating investment decisions; 3.2.6 Inputs to economic research and analysis; 3.2.7 Index-linked debt; 3.2.8 Tax allowances; 3.2.9 Targets for stability of the economy in an international context; 3.3 Chapter summary; References; Exercise B

Chapter 4 Introducing price and quantity 4.1 Measuring price change; 4.2 Simple, un-weighted indices for price change; 4.2.1 Simple price indices; 4.2.2 Simple quantity indices; 4.3 Price, quantity and value; 4.4 Example-Retail Sales Index; 4.5 Chapter summary; Exercise C; Chapter 5 Laspeyres and Paasche indices; 5.1 The Laspeyres price index; 5.2 The Paasche price index; 5.3 Laspeyres and Paasche quantity indices; 5.4 Laspeyres and Paasche: mind your Ps and Qs; 5.4.1 Laspeyres price index as a weighted sum of price relatives

5.4.2 Laspeyres quantity index as a weighted sum of quantity relatives 5.4.3 Paasche price index as a weighted harmonic mean of price relatives; 5.4.4 Paasche quantity index as a weighted harmonic mean of quantity relatives; 5.5 Laspeyres, Paasche and the Index Number Problem; 5.6 Laspeyres or Paasche?; 5.7 A more practical alternative to a Laspeyres price index?; 5.8 Chapter summary; References; Exercise D; Chapter 6 Domains and aggregation; 6.1 Defining domains; 6.2 Indices for domains; 6.3 Aggregating domains; 6.4 More complex aggregation structures

6.5 A note on aggregation structures in practice 6.6 Non-consistency in aggregation; 6.7 Chapter summary; Exercise E; Chapter 7 Linking and chain-linking; 7.1 Linking; 7.2 Re-basing; 7.3 Chain-linking; 7.4 Chapter summary; Exercise F; Chapter 8 Constructing the consumer prices index; 8.1 Specifying the index; 8.2 The basket; 8.3 Locations and outlets; 8.4 Price collection; 8.5 Weighting; 8.6 Aggregation structure; 8.7 Elementary aggregates; 8.8 Linking; 8.9 Owner occupier housing; 8.10 Publication; 8.11 Special procedures; 8.12 Chapter summary; References; Exercise G

Chapter 9 Re-referencing a series

Notes:

Description based upon print version of record.

Includes bibliographical references at the end of each chapters and index.

Description based on print version record.

ISBN:

9781118977798

1118977793

9781118977804

1118977807

OCLC:

910159253