Leseprobe
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Inflation
Robert O'Neill, Paul A. Smith, Jeff Ralph, et al.
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Springer International Publishing 
Sozialwissenschaften, Recht, Wirtschaft / Volkswirtschaft
Beschreibung
This book is an introduction to the history of – and current measurement practice of – inflation for the United Kingdom. The authors describe the historical development of inflation measures in a global context, and do so without using formal mathematical language and related jargon that relates only to a few specialist scholars. Although inflation is a widely used and quoted statistic, and despite the important role inflation plays in real people’s lives – through pension uprating, train tickets, interest rates and the work of economists – few people understand how it is created. O’Neill, Ralph and Smith mix historical data with a description of practices inside the UK statistical system and abroad, which will aid understanding of how this important economic statistic is produced, and the important and controversial choices that statisticians have made over time.
Kundenbewertungen
Measurement practice, European Harmonised Index of Consumer Prices, The Office for National Statistics, Price index, Historical development of inflation, Pension uprating, Economic history of inflation, Interest rates, The general level of prices, "cost of living” framework, “cost of goods” framework, Consumer Prices Index, Consumer goods, Inflation, Retail prices index, Economic statistics, Institute of Fiscal Studies