{"title":"链式消费价格指数中的“链式漂移”:1999-2017","authors":"R. Cage, B. Williams, Jonathan D. Church","doi":"10.21916/mlr.2021.27","DOIUrl":null,"url":null,"abstract":"This article employs circularity and unity tests, as well as multilateral index comparisons, to measure the existence and extent of “drift” in the Chained Consumer Price Index for All Urban Consumers (C-CPI-U). It applies various formulas to real data that were used to calculate the Consumer Price Index during the period from December 1999 to December 2017. Overall, the findings show only small amounts of chain drift in the C-CPI-U over the study period.","PeriodicalId":47215,"journal":{"name":"Monthly Labor Review","volume":null,"pages":null},"PeriodicalIF":2.4000,"publicationDate":"2021-12-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"“Chain drift” in the Chained Consumer Price Index: 1999–2017\",\"authors\":\"R. Cage, B. Williams, Jonathan D. Church\",\"doi\":\"10.21916/mlr.2021.27\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This article employs circularity and unity tests, as well as multilateral index comparisons, to measure the existence and extent of “drift” in the Chained Consumer Price Index for All Urban Consumers (C-CPI-U). It applies various formulas to real data that were used to calculate the Consumer Price Index during the period from December 1999 to December 2017. Overall, the findings show only small amounts of chain drift in the C-CPI-U over the study period.\",\"PeriodicalId\":47215,\"journal\":{\"name\":\"Monthly Labor Review\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":2.4000,\"publicationDate\":\"2021-12-29\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Monthly Labor Review\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://doi.org/10.21916/mlr.2021.27\",\"RegionNum\":4,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"INDUSTRIAL RELATIONS & LABOR\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Monthly Labor Review","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.21916/mlr.2021.27","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"INDUSTRIAL RELATIONS & LABOR","Score":null,"Total":0}
“Chain drift” in the Chained Consumer Price Index: 1999–2017
This article employs circularity and unity tests, as well as multilateral index comparisons, to measure the existence and extent of “drift” in the Chained Consumer Price Index for All Urban Consumers (C-CPI-U). It applies various formulas to real data that were used to calculate the Consumer Price Index during the period from December 1999 to December 2017. Overall, the findings show only small amounts of chain drift in the C-CPI-U over the study period.