Drobisch's Legacy to Price Statistics

In order to provide information concerning the significant contributions to price index theory made by Moritz Wilhelm Drobisch (1802-1896), this paper presents an account of his pioneering scientific achievements together with a synopsis of his personal and professional life. He was the first to formulate the unit value index as well as the Laspeyres and Paasche price indices. These three indices are the key for the official inflation measurements that are made around the world today.

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Year of publication:	2010
Authors:	von Auer, Ludwig
Publisher:	Trier : Universität Trier, Fachbereich IV – Volkswirtschaftslehre
Subject:	Price \| Inflation \| Index Theory \| Measurement

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Series:	Research Papers in Economics ; 5/10
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	78638848X [GVK] hdl:10419/88652 [Handle] RePEc:trr:wpaper:201005 [RePEc]
Classification:	C43 - Index Numbers and Aggregation ; E31 - Price Level; Inflation; Deflation ; E52 - Monetary Policy (Targets, Instruments, and Effects)
Source:	EconStor

Persistent link: https://www.econbiz.de/10010327751