Getting Prices Right: Debate Over the CPI - Routledge - Image 1

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Routledge Getting Prices Right: Debate Over the CPI - Routledge

Name: Getting Prices Right: Debate Over the CPI - Routledge
Brand: Routledge
Price: 136.81 GBP
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Anthropology & Sociology

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Description

Explore the complexities of economic measurement in Getting Prices Right: Debate Over the Consumer Price Index. This work examines how the Bureau of Labor Statistics compiles the CPI, a metric used to index Social Security payments, adjust tax brackets, and manage many other federal programs. Since the Boskin Commission report in December 1996 concluded that the CPI overstates inflation by 1.1%, the accuracy of this index has become a central point of contention. This book looks at the significant implications that arise if these findings are applied to economic policy formulation. Such shifts could change the landscape of the federal budget and directly affect the lives of Americans who rely on government programs. For students, researchers, and policy analysts, this text provides a necessary look at the debate surrounding inflation measurement and its real-world consequences for beneficiaries and the national economy.

Key Features

Examines the role of the Bureau of Labor Statistics in compiling the Consumer Price Index used for federal programs.

Analyzes the impact of the Boskin Commission report which suggested the CPI overstates inflation by 1.1%.

Discusses the implications for federal budget balancing if inflation measurement changes are applied to policy.

Covers how CPI accuracy affects Social Security payments and the adjustment of tax brackets.

Provides insight into how economic policy decisions impact Americans who are beneficiaries of government programs.

Product Specifications

Brand: Routledge
Format: hardcover
ASIN: 0765602210
Category: Books > Subjects > Biography > Medical, Legal & Social Sciences > Anthropology & Sociology
Domain: Amazon UK
Release Date: 30 September 1997
Listed Since: 23 December 2006

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Routledge Getting Prices Right: Debate Over the CPI - Routledge

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