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  4. Winter 1998
  5. Working to Improve the Consumer Price Index

Journal of Economic Perspectives

ISSN 0895-3309 (Print) | ISSN 1944-7965 (Online)

Working to Improve the Consumer Price Index

  • Katharine G. Abraham
  • John S. Greenlees
  • Brent R. Moulton
Journal of Economic Perspectives
vol. 12, no. 1, Winter 1998
(pp. 27–36)
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Abstract

In this paper, we first comment on the recent (1996) report of the Advisory Commission to Study the Consumer Price Index, appointed by the U.S. Senate Finance Committee, and the recommendations it contains. We then describe some of the initiatives currently underway at the Bureau of Labor Statistics -- some of which were undertaken before the appearance of the Advisory Commission's report, others of which are part of a Consumer Price Index improvement initiative that was included as part of the President's 1998 budget proposal -- which attempted to address the bias issues that were highlighted by the Advisory Commission.

Citation

Abraham, Katharine G., John S. Greenlees, and Brent R. Moulton. 1998. "Working to Improve the Consumer Price Index." Journal of Economic Perspectives, 12 (1): 27–36. DOI: 10.1257/jep.12.1.27

JEL Classification

  • E31 Price Level; Inflation; Deflation
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