Getting Prices Right: Debate Over the Consumer Price Index

By: Dean Baker

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Synopsis: Compiled by the Bureau of Labor Statistics, the CPI is used to index Social Security payments and many other federal programs, as well as to adjust tax brackets. Today, the accuracy of the CPI is being hotly debated, particularly in light of the Boskin Commission report that concluded in December 1996 that the CPI overstates inflation by 1.1%. If accepted and applied in the formulation of economic policy, the report would have major implications for balancing the federal budget. It would have a direct impact on the lives of Americans who are beneficiaries of government programs as well as on everyone who pays taxes. In this book, Dean Baker introduces and explains the significance of the debate, presents the full text of the Boskin Commission report and finally discusses in a far-reaching and insightful analysis both the Commission's research methodology and its conclusions.

Book Quality:: Publisher Quality
Book Size:: 200 Pages
ISBN-13:: 9781315502632
Related ISBNs:: 9780765602220, 9780765602213, 9781315502656
Publisher:: Taylor and Francis
Date of Addition:: 05/11/23
Copyrighted By:: Routledge
Adult content:: No
Language:: English
Has Image Descriptions:: No
Categories:: Nonfiction, Literature and Fiction, Business and Finance, Language Arts
Grade Levels:: College Freshman
Reading Age:: 18–18
Submitted By:: Bookshare Staff
Usage Restrictions:: This is a copyrighted book.