The apples and oranges theorem for price indices

The question is whether or not there is a generally meaningful way to compute price indices. I explore the duality between price and quantity indices, and present an impossibility result that is analogous to the one for quantity indices.

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Year of publication:	2009
Authors:	van Veelen, Matthijs
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 103.2009, 1, p. 12-14
Publisher:	Elsevier
Keywords:	Price index True index Homothetic utility functions Impossibility theorem

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005270418