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Inhaltsangabe
The Making of Index Numbers is a comprehensive study of the various types of index numbers, their reliability, and the tests used to determine their accuracy. Written by renowned economist Irving Fisher in 1922, the book provides an in-depth analysis of the methods used to construct index numbers, including the Laspeyres, Paasche, and Fisher indices. Fisher also discusses the importance of selecting appropriate weights and base periods when constructing index numbers. The book includes numerous examples and case studies to illustrate the practical application of index numbers in various fields such as economics, finance, and statistics. The Making of Index Numbers is a seminal work in the field of index numbers and continues to be widely cited and referenced by economists and statisticians today.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
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Reseña del editor
This scarce antiquarian book is a selection from Kessinger Publishing's Legacy Reprint Series. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. Because we believe this work is culturally important, we have made it available as part of our commitment to protecting, preserving, and promoting the world's literature. Kessinger Publishing is the place to find hundreds of thousands of rare and hard-to-find books with something of interest for everyone!
Reseña del editor
THE MAKING OF INDEX NUMBERS CHAPTER I INTRODUCTION § 1. Objects of the Book For those who have'made any attempt to penetrate their mysteries, index numbers seem to have a perennial fascination. Because of recent upheavals of prices, the interest in this method of measuring such upheavals is rapidly spreading. During the last generation index numbers have gradually come into general use among economists, statisticians, and business men. The skepticism with which they were once regarded has steadily diminished. In 1896, in the Economic Journal, the Dutch economist, N. G. Pierson, after pointing out some apparently absurd results of index numbers, said: "The only possible conclusion seems to be that all attempts to calculate and represent average movements of prices, either by index numbers or otherwise, ought to be abandoned." No economist would today express such an extreme view. And yet there lingers a doubt as to the accuracy and reliability of index numbers as a means of measur
Table of Contents
TABLE OF CONTENTS; chapter PAGE; V Introduction 1; 1$ Six Types op Index Numbers Compared / 11; III) Four Methods of Weighting 1 43; IV) Two Great Reversal Tests 62; V Erratic, Biased, and Freakish Index Numbers; VI The Two Reversal Tests as Finders op Formulae 118; VII Rectifying Formulae by "Crossing" them 136 VIII Rectifying Formulae by Crossing their Weights 184; FX The Enlarged Series of Formula197; X What Simple Index Number is best?206; JXI What is the best Index Number? / 213; XII Comparing all the Index Numbers with the "Ideal/"; (Formula 353) 243; XIII The So-called Circular Test270; XIV Blending the Apparently Inconsistent Results 297; XV Speed of Calculation321; XVI Other Practical Considerations330; XVII Summary and Outlook350; Appendix I Notes to Text 371; Appendix II The Influence of Weighting ; 439; Appendix III An Index Number an Average of Ratios; Rather than a Ratio of Averages 451; xxii; TABLE OF
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- VerlagKessinger Publishing
- Erscheinungsdatum2010
- ISBN 10 1164455516
- ISBN 13 9781164455516
- EinbandTapa dura
- SpracheEnglisch
- Anzahl der Seiten562
- Kontakt zum HerstellerNicht verfügbar
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