Diewert, W. Erwin - In: Swiss Journal of Economics and Statistics (SJES) 138 (2002) IV, pp. 547-637
The Harmonized Index of Consumer Prices (HICP) is the single most important indicator of inflation used by the European Central Bank. Sections 2 to 4 of the paper look at the theory of inflation indexes that could be used as target indexes of inflation. A Consumer Price Index (CPI) emerges as...