£64.65

Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften Index Theory and Price Statistics

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Last 84 days · 84 data points (no recent data)

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£67.26 £64.39 £65.02 £65.64 £66.27 £66.89 £67.52 10 May 2026 30 May 2026 20 June 2026 11 July 2026 01 August 2026

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49 days · current 4 days 31 days 0 12 25 37 49 £65 £66 £67 Days at Price

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Most common price: £65 (49 days, 58.3%)

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Price levels: 3 different prices over 84 days

Description

This textbook integrates mathematical index theory and its application in official price statistics. It tries to bridge theory and practice, due to the apparent divergence between mathematicians with ever more sophisticated and complex models and practitioners with problems that are more and more difficult to understand without broad knowledge and some experience. The text offers an introduction into axiomatic, microeconomic and stochastic reasoning as regards index numbers, with moderately difficult mathematics. It also summarizes many ongoing discussions concerning methodological merits and demerits of specific indices, such as consumer price-, producer price-, unit value- and chain indices, in official price statistics. The book is comprehensive and presents a readable overview of a great number of topics in modern price index theory and their application in inflation measurement, deflation of aggregates in National Accounts, sampling and quality adjustment in price collection and other important though controversial issues.

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