Measuring Inflation Using Spanning Trees.

This paper shows that any method for constructing a poice index has an underlying spanning tree. Using this insight, the debate over the relative merits of fixed base and chained price indices reduces to a debate over two alternative spanning trees.

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Year of publication:	1996
Authors:	Hill, R.J.
Institutions:	School of Economics, UNSW Business School
Subject:	PRICE INDEX \| METHODOLOGY

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Series:	New South Wales - School of Economics.
Type of publication:	Book / Working Paper
Notes:	13 pages
Classification:	C43 - Index Numbers and Aggregation ; C45 - Neural Networks and Related Topics ; E31 - Price Level; Inflation; Deflation ; O47 - Measurement of Economic Growth; Aggregate Productivity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005664116