An Economic Justification for Price Level Adjusted Financial Statements
Author : Bernard G. Ragland
Publisher :
Page : 188 pages
File Size : 45,23 MB
Release : 1976
Category :
ISBN :
Author : Bernard G. Ragland
Publisher :
Page : 188 pages
File Size : 45,23 MB
Release : 1976
Category :
ISBN :
Author : Eldon S. Hendriksen
Publisher :
Page : 152 pages
File Size : 38,89 MB
Release : 1961
Category : Financial statements
ISBN :
Author : Edward Kip Klopp
Publisher :
Page : 136 pages
File Size : 37,93 MB
Release : 1973
Category : Price indexes
ISBN :
Author : Victor Joseph Quirolo
Publisher :
Page : 108 pages
File Size : 14,78 MB
Release : 1968
Category : Accounting
ISBN :
Author : Donald E. Garner
Publisher :
Page : 103 pages
File Size : 26,66 MB
Release : 1968
Category : Accounting and price fluctuations
ISBN :
Author : Mr. Kangni R Kpodar
Publisher : International Monetary Fund
Page : 34 pages
File Size : 50,82 MB
Release : 2021-11-12
Category : Business & Economics
ISBN : 1616356154
This paper investigates the response of consumer price inflation to changes in domestic fuel prices, looking at the different categories of the overall consumer price index (CPI). We then combine household survey data with the CPI components to construct a CPI index for the poorest and richest income quintiles with the view to assess the distributional impact of the pass-through. To undertake this analysis, the paper provides an update to the Global Monthly Retail Fuel Price Database, expanding the product coverage to premium and regular fuels, the time dimension to December 2020, and the sample to 190 countries. Three key findings stand out. First, the response of inflation to gasoline price shocks is smaller, but more persistent and broad-based in developing economies than in advanced economies. Second, we show that past studies using crude oil prices instead of retail fuel prices to estimate the pass-through to inflation significantly underestimate it. Third, while the purchasing power of all households declines as fuel prices increase, the distributional impact is progressive. But the progressivity phases out within 6 months after the shock in advanced economies, whereas it persists beyond a year in developing countries.
Author : United States. Congress. Senate. Advisory Commission to Study the Consumer Price Index
Publisher :
Page : 212 pages
File Size : 24,75 MB
Release : 1996
Category : Consumer price indexes
ISBN :
Author : Morton Backer
Publisher :
Page : 342 pages
File Size : 32,13 MB
Release : 1973
Category : Business & Economics
ISBN :
Author : Michael D. Bordo
Publisher : University of Chicago Press
Page : 545 pages
File Size : 28,92 MB
Release : 2013-06-28
Category : Business & Economics
ISBN : 0226066959
Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
Author : Robert E. Hall
Publisher : University of Chicago Press
Page : 302 pages
File Size : 19,91 MB
Release : 2009-05-15
Category : Business & Economics
ISBN : 0226313255
This volume presents the latest thoughts of a brilliant group of young economists on one of the most persistent economic problems facing the United States and the world, inflation. Rather than attempting an encyclopedic effort or offering specific policy recommendations, the contributors have emphasized the diagnosis of problems and the description of events that economists most thoroughly understand. Reflecting a dozen diverse views—many of which challenge established orthodoxy—they illuminate the economic and political processes involved in this important issue.