Comment on Different Approaches to Index Number Theory

Van Veelen and van der Weide (2008) in a recent paper provided some interesting new perspectives on the index number problem. However, the present paper argues that their definitions of a true index and an exact index are different from the standard definitions in the literature. The differences between the various approaches is explained in the present paper.

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Year of publication:	2009-01-21
Authors:	Diewert, Erwin ; Hill, Robert J.
Institutions:	Vancouver School of Economics
Subject:	Exact index numbers \| true index numbers \| multilateral indexes \| the Fisher ideal index \| cost of living indexes \| the measurement of welfare change \| dual

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Extent:	application/pdf
Series:	Economics working papers.
Type of publication:	Book / Working Paper
Notes:	18 pages
Classification:	C43 - Index Numbers and Aggregation ; D11 - Consumer Economics: Theory ; D12 - Consumer Economics: Empirical Analysis
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004975610