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Routledge Getting Prices Right: CPI Debate - Economic Policy Institute

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Description

This comprehensive examination from the Economic Policy Institute explores the Consumer Price Index and its critical role in US economic policy. The CPI, compiled by the Bureau of Labor Statistics, serves as the foundation for indexing Social Security payments, adjusting federal programs, and setting tax brackets across the nation. The book addresses the heated debate surrounding CPI accuracy, particularly following the influential Boskin Commission report from December 1996, which concluded the CPI overstates inflation by 1.1%. Understanding these debates is essential for anyone concerned with economic policy, as the conclusions directly affect federal budget decisions and the real-world financial circumstances of millions of Americans relying on government benefit programmes. Published by Routledge, this work provides essential context for economists, policymakers, and citizens seeking to understand how inflation measurement shapes national economic decisions and impacts personal finances.

Key Features

Addresses the Boskin Commission report findings that the CPI may overstate inflation by 1.1% according to December 1996 conclusions.

Examines how the Consumer Price Index compiled by the Bureau of Labor Statistics influences Social Security payments and federal programme indexing.

Explores the implications of CPI accuracy debates for federal budget balancing and tax bracket adjustments across the United States.

Published by Routledge as part of the Economic Policy Institute's analysis of critical economic measurement issues.

Analyses the direct impact of CPI methodology on the lives of government benefit programme recipients nationwide.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
30 September 1997
Listed Since
23 December 2006

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