The authors propose six questions relevant to the evaluation of all social system models, and apply them to the Barr-Gale model for forecasting the Consumer Price Index for Food. While analysts invest much effort in developing new economic models, relatively little attention is paid to...

A model is developed to forecast the food price component of the consumer price index published by the Bureau of Labor Statistics. The'model relates retail food prices to prices received by farmers and to wage rates in food marketing industries. The farm value and farm-retail spread of the...

The general purpose of the voluntary anti-inflation program was to limit price increases in markets where firms have discretionary price-setting power Results suggest that the program was partly successful with respect to some domestic food markets Retail prices for cereals and bakery products,...